Research by development economists suggests that one of the key factors in raising people in low-income countries out of poverty and lowering unemployment is the establishment of ___________ wage-paying jobs.
a. high
b. low
c. modest
d. regular
d. regular
Economics
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An increase in income causes compensated demand curves to shift inward and regular demand curves to shift outward.
Answer the following statement true (T) or false (F)
Economics
Government regulations
A) have no impact on supply. B) only change the quantity supplied, not the supply curve. C) are generally ineffective due to lobbying by suppliers. D) can change both quantity supplied as well as the supply curve.
Economics
Four possibilities have probabilities 0.4, 0.2, 0.2 and 0.2 and values $40, $30, $20, and $10 respectively. The expected value is:
a. $22 b. $24 c. $26 d. $28
Economics
The long-run trend in business activity is
A. upward. B. downward. C. constant. D. such that it cannot be described as a trend.
Economics