The reduction in world poverty from 1990 to 2014 was due almost entirely to the decrease in poverty in
A. Mali.
B. Ethiopia.
C. Canada.
D. China.
Answer: D
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Kumiko is not at her consumer equilibrium because she sees too many movies and buys too few books. As she moves toward her consumer equilibrium, her marginal utility from movies will ________ and her marginal utility from books will ________
A) decrease; decrease B) increase; decrease C) decrease; increase D) increase; increase
Policies which promote improvements in health for a society are central to:
A. economic development. B. rising health care costs. C. government deficit spending. D. government monetary policy.
If real GDP in a particular year is $80 billion and nominal GDP is $240 billion, the GDP price index for that year is:
a) 100. b) 200. c) 240. d) 300.
Restricting imports into a small country by the government
A. increases the general welfare of the importing nation. B. protects domestic producers from foreign competition. C. increases consumer welfare in the country. D. all of the above.