The World Bank is
A. made up of the central banks of the leading industrial nations of the world.
B. made up of five separate institutions.
C. the European Union.
D. the Bank of the United Nations.
Answer: B
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Refer to the table above. ________ has the comparative advantage in making pies and ________ the comparative advantage in making cakes. Time to Make a PieTime to Make a CakeMartha60 minutes80 minutesJulia50 minutes60 minutes
A. Julia; Martha B. Martha; Julia C. Julia; Julia D. Martha; Martha
The population of the United States grew _____ during the first half of the 19th century
a. slowly b. erratically c. about 3 percent per year d. about 6 percent per year
Point out the relevance of the Bayes' theorem
The presence of government in the market leads to:
A. benefits at no cost to society. B. rent seeking. C. adverse selection. D. externalities.