Peruvian economist Hernando de Soto claims the ___________ in Latin America results in "dead capital."
A. weak titling system
B. strong titling system
C. general lack of strong national defense
D. generally weak currencies
A. weak titling system
You might also like to view...
Suppose there is a rise in the real wage rate. As a result, the quantity of labor demanded
A) increases. B) decreases. C) does not change because there is no change in the money wage rate. D) increases only if the price level also decreases.
The effect of an initial spending change causing a larger change in overall output is:
A. the multiplier effect B. crowding out. C. the income effect. D. the substitution effect.
The demand function for Pandora bracelets is Q = 850-4P. Where P is the price of the good and Q is the quantity demanded. If the price of the bracelet increases from €100 to €150, which of the following statements is true:
(a) Quantity demanded decreases by 50 units. (b) Quantity demanded decreases by 300 units. (c) Quantity demanded decreases by 200 units. (d) Quantity demanded decreases by 100 units.
In Figure 2-1, point A is
a. unattainable. b. inefficient. c. efficient. d. preferable to point B.