The text suggests that foreign aid in the form of government-to-government assistance tends to create
What will be an ideal response?
interference by the donor governments in the political affairs of the recipient nations.
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Refer to the following graphs to answer the question below.
In which graph would the indicated shifts cause equilibrium quantity to definitely rise, but the effect on price is indeterminate?
A. graph (1) B. graph (2) C. graph (3) D. graph (4)
Which of the following statements is correct?
a. Purchasing Power Parity occurs when nominal interest rates are the same in two countries. b. Purchasing Power Parity means that the nominal exchange rate is 1 to 1. c. Purchasing Power Parity means that two countries have the same standard of living. d. Purchasing Power Parity means that the real exchange rate equals 1 to 1.
If the United States economy is operating at peak efficiency, it is on its ___________________________.
Fill in the blank(s) with the appropriate word(s).
When an economics professor quits his/her job at a university and starts looking for a better job in another university, he/she is
A. structurally unemployed. B. cyclically unemployed. C. naturally unemployed. D. frictionally unemployed.