The problem of political instability has been greatest in which continent?

A. South America
B. Europe
C. Asia
D. Africa


Answer: D

Economics

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________ is a market structure where only one firm provides a good or service that has no close substitutes

A) Oligopoly B) Monopoly C) Perfect competition D) Monopolistic competition

Economics

Comment on the following statement: "A firm's demand for labor can be affected by the availability of other inputs."

What will be an ideal response?

Economics

The Federal Reserve entity that makes decisions regarding the conduct of open market operations is the

A) Board of Governors. B) chairman of the Board of Governors. C) Federal Open Market Committee. D) Open Market Advisory Council

Economics

In a Bertrand oligopoly, firms select ________ and earn ________ economic profit.

A) quantity; zero B) price; positive C) quantity; positive D) price; zero

Economics