The historical record indicates that foreign aid has
What will be an ideal response?
re-enforced corrupt governments and policies that stifle productive activities
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High inflation makes money ________ because ________
A) function better as a store of value; it leads to a more accurate allocation of resources B) function less well as a store of value; the money loses value and therefore has less purchasing power C) function better as a store of value; the money gains value and therefore has greater purchasing power D) function better as a unit of account; money never loses value but it does gain purchasing power in some regions E) function less well as a store of value; it decreases the price level and increases the buying power of money
The above figure shows the market demand curve for telecommunication while driving one's car (time spent on the car phone). The current price is 35ยข per minute. What is the consumer surplus at the current price?
A) 924.5 B) 1075 C) 301 D) 1250
If economic profit is zero, then a normal profit is earned
a. True b. False Indicate whether the statement is true or false
Inventory investment consists of
A) construction expenditures, raw materials, and inventories of finished goods. B) goods in process, raw materials, and purchases of office machinery. C) raw materials, goods in process, and construction expenditures. D) inventories of finished goods, goods in process, and raw materials.