Successful management of resource wealth is a poverty trap
a. True
b. False
B
You might also like to view...
China runs a current account surplus with the United States. Which of the following must be true about China's balance of payments with the United States?
A) It must run a financial account deficit. B) Its net exports must be negative. C) Its balance of trade must be in deficit. D) Its balance of payments must run a deficit.
Corey visits a computer store. After Alicia shows him several laptop models, Corey picks one out and gives Alicia $1,200 to pay for it. Which function of money does this best illustrate?
a. medium of exchange b. store of value c. means of deferred payment d. unit of account
Most monetarists blame much of the instability in the economy on
A. big business. B. the World Bank. C. the Fed. D. immigration.
Which of the following results in an increase in the supply of a good or service?
A) a rise in the price of the good or service B) an increase in foreign imports of the good or service C) a fall in the price of the good or service D) a smaller number of sellers producing the good or service E) higher taxes imposed upon producers of the good or service