If the least wealthy person in a society has millions of dollars, should we still consider that person poor?
What will be an ideal response?
If we are using a relative measure of poverty and this person has the lowest income in society,
then by certain measures he/she is poor. On the other hand, if we use an absolute measure
and we have a cut off of say $30,000 then this person would not be considered poor. We also
need to take into account the number of dependents that this person is responsible for.
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A high current rate of inflation ________ those who have saved and ________ those who have borrowed
A) harms, helps B) harms, has no effect on C) helps, helps D) helps, has no effect on E) helps, harms
Holding other things constant, if the Japanese Yen, depreciates, it makes the imports to Japan
a. More expensive for Japanese customer b. Less expensive for Japanese customers c. Neither more or less expensive for importers d. None of the above
Which of the following statements is true?
A. If a model has several explanatory variables and several variations to the general model are to be presented, it is better to report the results in an equation form, rather than a tabular form. B. If a model has several explanatory variables and several variations to the general model are to be presented, it is better to report the results in a tabular form, rather than an equation form. C. The adjusted R-squared should always be listed in the result section of a research paper, while the R-squared may or may not be listed. D. The number of observations for each equation should always be listed in the result section of a research paper, while the R-squared may or may not be listed.
Refer to the information provided in Table 33.1 below to answer the question(s) that follow. Table 33.1
Refer to Table 33.1. Guatemala should specialize in and export ________, and Mexico should specialize in and export ________.
A. bananas; oranges B. oranges; bananas C. bananas; bananas D. oranges; oranges