Since its independence in 1957, Ghana has experienced more than 12 coups d'état that have led to the overthrow of presidents and ministers, and in various cases, the change of political regimes. The textbook calls this situation an example of:
A. political instability.
B. corruption.
C. overpopulation.
D. lack of appropriate institutions.
Answer: A
You might also like to view...
Critics of the Phillips curve argue that in the long run
A) there is no trade-off between inflation and unemployment because workers' expectations adjust to any systematic attempts to reduce unemployment below the natural rate. B) employees are not able to anticipate future rates of inflation, and therefore unemployment can always be reduced by inflating the economy. C) there is a trade-off between unemployment and inflation. D) for any given unemployment level there is a corresponding inflation rate to which the economy will automatically revert.
Wally, Vijay, Sandra, and Consuela make up a software development team at Javasoft. The firm is considering implementing one of two incentive compensation schemes
In scheme A, each programmer receives an annual bonus if he or she meets all individual programming deadlines. In scheme B, members of the team share equally in a joint bonus if the team meets all of its product delivery deadlines. All four employees are equally talented but Wally is a slacker who does as little work as he can get away with. Which scheme might team members prefer? Which scheme will management prefer?
When real GDP is below natural real GDP, the unemployment rate is
A) rising. B) above the average unemployment rate. C) falling. D) below the average unemployment rate.
Threats to in internal validity lead to
A) perfect multicollinearity B) the inability to transfer data sets into your statistical package C) failures of one or more of the least squares assumptions D) a false generalization to the population of interest