Which of the following nations had the lowest growth rate between 1960 and 2011?
A) Taiwan
B) Chile
C) Ethiopia
D) South Korea
C
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If a public good is financed through Lindahl prices, those whose total willingness to pay for the public good is high will end up paying a higher Lindahl price than those whose total willingness to pay for the public good is low.
Answer the following statement true (T) or false (F)
"Farm subsidies in the European Union spill over to the rest of the world." Explain this assertion
What will be an ideal response?
Game theory was developed in the 1940s by John von Neuman, a mathematician, and an economist named
A) John Nash. B) Oskar Morgenstern. C) Milton Friedman. D) John Maynard Keynes.
Everything else held constant, an increase in the excess reserves ratio causes the M1 money multiplier to ________ and the money supply to ________
A) decrease; increase B) increase; increase C) decrease; decrease D) increase; decrease