The global pattern of inequality has:
A. remained surprisingly unchanged for the past several decades.
B. changed significantly after each World War.
C. been changing in recent decades.
D. not changed since the Great Depression redefined inequality for the world.
C. been changing in recent decades.
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Use the following table to answer the question below. Dave's Production Possibilities ScheduleSimon's Production Possibilities SchedulePounds of Green BeansPounds of CornPounds of Green BeansPounds of Corn0160080201204060408080406040120208001600The terms of trade for 1 pound of corn must lie between ________ and ________ pounds of green beans.
A. 1, 4 B. 1, 2 C. 1/2, 2 D. 1/2, 4
If there is unrest in the Middle East, and Saudi Arabian investors purchase German securities, the
A) demand for Saudi Arabian currency will fall. B) demand for Saudi Arabian currency will rise. C) supply of Saudi Arabian currency will fall. D) supply of Saudi Arabian currency will rise.
When a party to a transaction lacks relevant information:
A. they always make the deal blindly. B. they will not make the deal without complete information. C. they sometimes seek out information in ways that are not obvious. D. other parties will voluntarily share this information truthfully.
Once a company knows that a customer is no longer profitable, which of the folloiwng are appropriate options?
a. Collaborate to reduce costs of service b. Raise prices c. Fire the customer d. Keep the status quo e. All of the above f. Only A, B, and C