Which of the following is a valid shortcoming of the use of foreign aid to eradicate poverty?
A) It may not lead to a sizeable increase in physical capital in poorer countries.
B) It is difficult to transfer aid to poor countries.
C) It can lead to polarization of the world economy.
D) It mostly leads to the transfer of resources among rich countries.
A
You might also like to view...
The market for fish is perfectly competitive. So, the price elasticity of demand for fish from a single fishing boat
A) is less than the elasticity of demand for fish overall. B) equals the elasticity of demand for fish overall. C) is greater than the elasticity of demand for fish overall. D) is sometimes greater than and sometimes less than the elasticity of demand for fish overall.
Whenever a decrease in output leads to an increase in profit, the
a. marginal revenue curve lies above the marginal cost curve b. total cost curve intersects the total revenue curve c. marginal cost curve is parallel to the marginal revenue curve d. marginal cost curve lies above the marginal revenue curve e. total cost curve lies above the total revenue curve
As the baby boom generation (born between 1946 and 1964) ages, which of the following is a likely outcome?
a. A movement to the left in the demand for nursing home beds b. A movement to the left in the supply of nursing home beds c. A movement to the right in the supply of nursing home beds d. A movement to the right in the demand for nursing home beds
Which of the following is not an obstacle to development?
A. Overpopulation B. Excessive investment C. Political instability D. Corruption