The general approaches to global poverty reduction include all of the following except
A. Redistribution of incomes across nations.
B. Economic growth that raises average incomes.
C. Redistribution of incomes within countries.
D. An increase in government control of resources.
Answer: D
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A realized capital gain is
a. the difference between the price of a share of stock and what the investor paid for it (i.e., the broker's fee) b. the difference between the original value of a piece of equipment and its depreciated value c. an increase in the net worth of a sole proprietorship or partnership d. an increase in the market value of a share of stock held by an individual e. the difference between the selling price and the purchase price of a share of stock
Due to the implementation of the Troubled Asset Relief Program and the American Recovery and Reinvestment Act, the Federal budget deficit _____
a. doubled b. tripled c. stayed the same d. decreased significantly e. quadrupled
Production for war and environmental clean-up services are not included in GDP
a. True b. False Indicate whether the statement is true or false
When making investment decisions, investors
a. compare the real interest rates offered on different bonds. b. compare the nominal, but not the real, interest rates offered on different bonds. c. purchase the highest-priced bond available. d. All of the above are correct.