Famines in sub-Saharan Africa:
A. are solely the result of unalterable weather conditions.
B. have become less common in recent decades.
C. are the result of drought, civil strife, large populations, and inappropriate public policies.
D. are solely the result of government policies that overprice agricultural products.
C. are the result of drought, civil strife, large populations, and inappropriate public policies.
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All of the following have played a role in reducing union strength since 1970 except
a. rising service sector employment. b. foreign industrial competition. c. the Supreme Court's decision to apply antitrust laws to union organization efforts. d. "right-to-work" laws.
A sustained fall in the aggregate price level is called:
A. deflation. B. inflation. C. economic growth. D. economic decline.
Explain how the long-run average cost curve is constructed graphically
What will be an ideal response?
An important feature of a ________ is that the holder has the right, but not the obligation, to buy or sell currency
A) swap B) foreign exchange arbitrage C) foreign exchange option D) futures market contract