Concentration of resources on higher rather than basic education in developing countries tends to lead to
(a) greater inequality.
(b) lower fertility.
(c) less international migration.
(d) more job creation.
A
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The five forces model is a framework
a. For increasing buyer force in the market b. For improving competition in the industry c. For analyzing the attractiveness of an industry d. Of matching resources and capabilities of the firm
Moral hazard and adverse selection are both examples of
a. the principal-agent problem. b. externalities in consumption. c. efficiency in markets. d. perfect information. e. asymmetric information.
An increase in the nominal interest rate, other things constant, will _____
Fill in the blank(s) with the appropriate word(s).
The multiplier effect is the series of ________ increases in ________ expenditures that result from an initial increase in ________ expenditures
A) induced; investment; autonomous B) induced; consumption; autonomous C) autonomous; consumption; induced D) autonomous; investment; induced