[NeedAttention]
Exhibit 30-1
?
A. ABC.
B. Q2BCQ1.
C. Q2BAQ1.
D. Q2EAQ1.
Answer: B
Economics
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Between 1947 and 2011,
A) Exports decreased and imports decreased. B) Exports and imports increased. C) The current account surplus rose. D) The current account deficit fell.
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The greatest number of people who live on $1.90 a day live in:
A. China. B. sub-Saharan Africa. C. South Asia. D. None of these is true.
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Which phase of the business cycle would be most closely associated with an economic contraction?
A. recession B. peak C. trough D. recovery
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Coordination problems in large firms might lead to:
A. horizontal marginal cost curves. B. downward-sloping marginal cost curves. C. upward-sloping short-run average cost curves. D. upward-sloping long-run average cost curves.
Economics