Which is correct?
A. Wealth is less equally distributed than income and therefore increases income inequality.
B. Wealth is more equally distributed than income and therefore increases income inequality.
C. Wealth is less equally distributed than income and therefore decreases income inequality.
D. Wealth is more equally distributed than income and therefore decreases income inequality.
Answer: A
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The government of Lithasia has decided to set a minimum price for certain agricultural products in order to safeguard the interests of farmers. This is an example of a ________
A) price floor B) price ceiling C) Pigouvian tax D) Pigouvian subsidy
Which of the following argued against the Washington Consensus?
a. Dabrowski b. Kuznets c. Gerschenkron d. Stiglitz e. All of the above
An example of a good that is excludable is:
A. a park. B. a river. C. a boat. D. clean air.
IMF conditionality refers to the
A) technical assistance the IMF gives. B) minimum size of a national debt problem that a country must have before the IMF gets involved. C) minimum-sized loan the IMF will make. D) maximum-sized loan the IMF will make. E) changes a country must make in order to receive IMF financial assistance.