The more modest alternative to the big-push approach, unbalanced development strategy investments, relies on
a. government planning and financing
b. domestic entrepreneurial talent and private investment
c. direct foreign aid and investment
d. indirect foreign aid and World Bank aid
e. forward and backward linkages to offset each other
B
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Economic theory
A. is a deliberate simplification of factual relationships. B. seeks to disprove a hypothesis. C. is based mainly on assumptions. D. seeks to prove political ideals.
The first U.S. census was taken in:
a. 1790 when George Washington was president b. 1850 when Millard Fillmore was president c. 1890 when Benjamin Harrison was president d. 1934 when F.D. Roosevelt was president
Car manufacturers who use robots to do certain jobs on the assembly line are trying to increase supply by
a. lowering input costs b. taking advantage of government regulation c. applying new technology d. increasing the number of producers
Included in the U.S. current account are net transfer payments.
Answer the following statement true (T) or false (F)