In the last few decades, tariffs in developing countries have:
A. risen by more than 20 percent.
B. risen to 20 percent of their GDP.
C. fallen to 20 percent of their GDP.
D. fallen by more than 20 percent.
Answer: D
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Savings are an example of
A) a depreciation concept. B) a flow concept. C) a stock concept. D) an investment concept.
Refer to the information above. What is the value of net investment in period 5?
A) 17.5 B) 89.25 C) 106.75 D) 612.5
According to projections by the U.S. Bureau of the Census, how will the population change between 2012 and 2060?
a. The number of Hispanics will rise substantially. b. The number of blacks will decline slightly. c. The number of whites will remain the same. d. The number of Asians will rise substantially.
A barter economy is one in which
a. money serves as a medium of exchange. b. only precious metals are accepted as money. c. goods are traded directly for other goods. d. paper money is backed by gold.