The spot market is:
a. Another term for an over-the-counter-exchange.
b. The market for current delivery.
c. The market for delivery in the future.
d. The market for current deliveries but future payments.
.B
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High-income countries such as the United States spend a greater amount on services as compared to goods
Indicate whether the statement is true or false
The poverty line is meant to distinguish
A. absolute poverty. B. relative poverty. C. absolute inequality. D. relative inequality.
More education would by itself lead to many more jobs being available
Indicate whether the statement is true or false
A price index number
a. is really a percentage. b. indicates the extent of change in prices over some period of time. c. is always greater than 100 if prices have risen during the period in question. d. All of these.