Currently most developed countries meet or exceed the U.N.'s Millennium Aid Goal for donor country GDP.
Answer the following statement true (T) or false (F)
False
Developed nations have set a goal of delivering more aid. The United Nations' Millennium Aid Goal is to raise foreign aid levels to 0.7 percent of donor country GDP. Few rich nations now come close to this goal. For all developed nations, the aid ratio averages around 0.29 percent-just over a third of the U.N. goal.
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An example of a consumption tax is
A) an income tax. B) transfer payments. C) the Social Security tax. D) a sales tax.
Refer to the graph below, which shows the effect of ________ on the home economy
A) foreign inflation B) domestic inflation C) foreign deflation D) domestic recession E) foreign recession
Refer to the above figure. The figure gives the payoff matrix for two individuals who are being accused of robbing a bank together. If Bob confesses, what is the best strategy for Harry?
A) Confess. B) Don't confess. C) Flip a coin to decide what to do. D) There is no best strategy.
In financial markets, sellers are people who:
A. have cash on hand and are willing to let others use it, for a price. B. want to spend money on something of value right now, but don't have cash on hand. C. want to spend money on something of big value in the future, but don't know how to save for it. D. have cash promised to them at some future date.