When aid is in the form of free or remarkably reduced priced goods, it is known as:
A. goods in-kind donations.
B. freebies.
C. direct donations.
D. consumable donations.
A. goods in-kind donations.
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Collateralized debt is also know as
A) unsecured debt. B) secured debt. C) unrestricted debt. D) promissory debt.
An economics textbook is an example of:
a. capital. b. labor. c. a natural resource. d. entrepreneurship.
A pound of steak costs $10 in the U.S. and 56.25 riyals (the currency of Saudi Arabia) in Saudi Arabia. If the real exchange rate is 2/3, what is the nominal exchange rate? Show your work
Suppose the economy is in long-run equilibrium. Senator A succeeds in getting taxes raised. At the same time, Senator B succeeds in getting major restrictions on logging removed. In the short run
a. real GDP will rise and the price level might rise, fall, or stay the same. b. real GDP will fall and the price level might rise, fall, or stay the same. c. the price level will rise, and real GDP might rise, fall, or stay the same. d. the price level will fall, and real GDP might rise, fall, or stay the same.