The U.N.'s Millennium Poverty Goal was to reduce the global rate of extreme poverty to 15 percent by 2015, but it will not have much impact on the number of people in poverty.
Answer the following statement true (T) or false (F)
True
The U.N. established a Millennium Poverty Goal of cutting the incidence of extreme global poverty in half by 2015 (from 30 percent in 1990 to 15 percent in 2015). Even that seemingly modest goal wouldn't greatly decrease the number of people in poverty. The world's population keeps growing by over 80-100 million people a year. By the year 2015, there will be close to 7.2 billion people on this planet. Fifteen percent of that population would still leave over a billion people in extreme global poverty.
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A. production indifference map B. two-variable diagram C. scalar diagram D. time-series graph
Hyperinflation is defined as periods of
A) inflation over 25 percent per year B) negative price changes. C) low inflation. D) inflation over 50 percent per month. E) inflation under 10 percent per year.
In Figure 17-3 above, suppose we are working under the assumption of the Lucas model. The Fed has been following an announced policy of "zero money growth for an indefinite period
" Suddenly and without warning it produces positive money growth and a "money surprise." This would result in a movement between points A) A and C. B) A and B. C) D and B. D) D and A. E) A and D.
The entire group of buyers and sellers of a particular good or service makes up:
A. the demand curve. B. the equilibrium price and quantity. C. the supply curve. D. a market.