The label 'Asian Tigers' describes the following economies ________
A) China, South Korea, Singapore and Taiwan
B) Hong Kong, Taiwan, South Korea and Singapore
C) Singapore, Taiwan, Hong Kong, and China
D) South Korea, Singapore, China and Hong Kong
B
You might also like to view...
When the government increases taxes to provide traditional public goods, such as national security, there tends to be
a. widespread benefits and costs b. widespread costs and concentrated benefits c. concentrated benefits and costs d. widespread benefits and concentrated costs e. widespread costs and either widespread or concentrated benefits
Which of the following is the best example of a microeconomic topic?
a. The impact that the money supply has on inflation. b. The reasons for increases in the price of soft drinks. c. The effect that federal budget deficits have on the interest rate. d. The tradeoff between inflation and unemployment.
Many economists refer to the Keynesian analysis as the “Keynesian revolution.” How was Keynesian analysis “revolutionary” in comparison to the classical doctrine?
What will be an ideal response?
As price falls, quantity supplied ___________.
Fill in the blank(s) with the appropriate word(s).