Which of the following is true for the developing countries that moved most rapidly toward economic freedom during 1980-2005 period?
What will be an ideal response?
They experienced both more rapid rates of economic growth and larger reductions in poverty rates than countries that were less free.
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A movement upward along a given aggregate demand curve is equivalent to a(n) ________.
A. increase in aggregate supply B. upward shift in the aggregate expenditures schedule C. increase in aggregate demand D. downward shift in the aggregate expenditures schedule
A decrease in the discount rate will
A) have an unclear effect on the money supply. B) decrease the money supply. C) increase the money supply. D) not affect the money supply.
Signaling is
a. actions by the informed party to reveal her true risks b. actions by the informed party to conceal her true risks c. actions by the uninformed party to uncover the true risks d. actions by the uninformed party to conceal the true risks
Suppose that MPL = 200 and MPK = 240. If R = 30, then at which of the following wages would the firm want to hire fewer workers and more capital?
A. W = 23 B. W = 24 C. W = 25 D. W = 26