The small group of East Asian countries that experienced high rates of growth in the 1980s and 1990s are referred to as
A) industrial countries. B) newly industrializing countries.
C) countries with low standards of living. D) education-deprived countries.
B
You might also like to view...
The principle of comparative advantage was first explained by David Ricardo in the early 1800s.
Answer the following statement true (T) or false (F)
Utility is:
A. maximized by rational individuals. B. revealed by observing choices an individual makes. C. the satisfaction individuals get from different bundles of goods. D. All of these are true.
When you make a routine, everyday decision it is called
a. habit b. programmed c. nonprogrammed d. geocentric
If the bus fare of a city increases from $1.00 to $1.10 per ride and as a result total revenue increases, then we know that
A. percentage change in fare is greater than percentage change in number of rides. B. percentage change in fare is equal to the percentage change in number of rides. C. percentage change in fare is less than percentage change in number of rides. D. it is impossible to tell.