Although growth rates across countries vary some, rankings of countries by income remain pretty much the same over time
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is false?
A. For bond buyers, the higher the yield the better it is for them. B. For bond buyers, the higher the price of the bond the better it is for them. C. For bond buyers, the lower the yield the worse it is for them. D. The term yield on a bond is the same as the term interest rate on a bond.
Deadweight loss occurs when
A) consumer surplus is greater than producer surplus. B) surplus losses to one group due to intervention are not offset by surplus gains to another. C) consumer surplus is reduced. D) consumer surplus is negative.
Doomsday projections have generally
a. been correct. b. been incorrect, but with better technology and the ability to predict the future, these forecasts have become much more accurate in the last few decades. c. been inconsistent. Some projections came true, others failed. d. been wrong.
Sum of the quantities supplied by each seller in the market at each price
What will be an ideal response?