The two ways to define poverty are which of the following?
a. relatively and absolutely
b. absolutely and definitely
c. definitely and conceptually
d. definitely and receptively
a
You might also like to view...
The European Central Bank has ensured independence by:
A. making sure the ECB's financial interests supports member countries' political organizations. B. not taking votes on policy matters. C. by appointing the Executive board members for life. D. explicitly forbidding the Governing Council from taking instructions from any government.
Convexity of indifference curves imply that consumers are willing to
A) give up more "y" to get an extra "x" the more "x" they have. B) give up more "y" to get an extra "x" the less "x" they have. C) settle for less of both "x" and "y". D) acquire more "x" only if they do not have to give up any "y".
During recession, banks become increasingly hesitant to make loans
a. because they typically hold zero excess reserves b. because borrowers are more numerous than in any other phase of the business cycle c. because they want to create lower consumer spending d. because they expect the recovery phase that follows will cause inflation e. and are more willing to hold greater excess reserves
In order for a barter transaction to be successful, there must be a:
A. market for the goods. B. high demand for a certain item. C. double coincidence of wants. D. federal tax law in effect.