A country will likely experience an increase in poverty if
A) its population decreases over time.
B) its real GDP per person growth rate increases over time.
C) it does not receive foreign aid.
D) its inflation rate decreases or slows over time.
E) its real GDP growth rate decreases or slows over time.
E
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If there is a deficit in the financial accounts, ________.
A. the sum of the capital account and the current account must be less than zero B. the sum of the reserve account and capital account must be zero C. the sum of the current account and the reserve account must be greater than zero D. the sum of the current account, reserve account, and capital account must be zero
The marginal revenue curve is the same as the demand curve for the
a. monopolistic competitor b. perfect price discriminator c. oligopolistic price leader d. single price monopoly e. export producer
For purposes of calculating the CPI, the food & beverages category of consumer spending includes the cost of
a. food away from home. b. alcoholic beverages. c. both food away from home and alcoholic beverages. d. neither food away from home nor alcoholic beverages because these are included in the recreation category of consumer spending.
The tools of demand-side macroeconomic policy are the money supply and prices.
Answer the following statement true (T) or false (F)