Ans: E) manufactured products.
Over the past 50 years, the exports of developing countries have shifted toward ___________
A) agricultural products.
B) retail/wholesale.
C) financial services.
D) mineral products.
E) manufactured products.
Economics
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The rule of 70 estimates how long it will take a country to:
A. achieve zero inflation. B. reach its maximum production capacity. C. double its real GDP per capita. D. double its output.
Economics
In a market economy, the distribution of output will be determined primarily by:
A. consumer needs and preferences. B. the quantities and prices of the resources that households supply. C. government regulations that provide a minimum income for all. D. a social consensus as to which distribution of income is most equitable.
Economics
In what ways is the Fed independent of the political process?
What will be an ideal response?
Economics
What are the alternative views to the human capital theory with respect to the role of education?
Economics