Most LDCs face the problems of low population growth and excessive saving
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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If China's real GDP grew from $7 trillion one year to $8 trillion the next, the annual growth rate would be:
A. 14.3 % B. 87.5 % C. 114 % D. 12.5 %
Economics
A corrective tax: a. internalizes an externality
b. legislates what is allowable. c. increases the social costs of externalities. d. increases the deadweight loss caused by an externality.
Economics
Of the following countries, which grew most slowly, in terms of real GDP per person, over about the last 120 years?
a. Brazil b. Mexico c. China d. United States
Economics
A dominant strategy is a strategy that has a higher payoff than any other strategy no matter what the other player does.
a. true b. false
Economics