Private foreign investment will often promote economic growth in poor countries more effectively than aid from other governments or international agencies because
What will be an ideal response?
private investors are usually fairly diligent about seeing to it that the funds they supply are used in projects that actually increase economic growth.
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For a monopolist, when does marginal revenue exceed average revenue?
a. never b. when output is less than the profit-maximizing level of output c. when output is greater than the profit-maximizing level of output d. for all levels of output greater than zero
Which of the following will most likely reduce the natural rate of unemployment?
a. an increase in the minimum wage b. an increase in unemployment benefits c. an increase in the proportion of prime-age workers (35-54) as a share of the labor force d. an increase in the labor force participation rate of teenagers
The graph below describes the notion that as tax rates rise from zero percent, tax revenues will:
A. Increase at first, but then decline eventually as tax rate continues rising
B. Decrease at first, but then increase eventually as tax rate continues rising
C. Rise higher and higher
D. Fall lower and lower until it shrinks to zero
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C