The amount of foreign aid in proportion to developed countries' GNP has
(a) increased over time.
(b) remained fairly stable over time.
(c) decreased over time.
(d) fluctuated widely but has shown no clear trend.
C
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Refer to the information provided in Figure 2.5 below to answer the question(s) that follow.
Figure 2.5Refer to Figure 2.5. For this economy to move from Point A to Point B, ________ additional OLED TVs could be produced when the production of LCD TVs is reduced by 30.
A. exactly 20 B. more than 20 C. fewer than 20 D. exactly 90
If a competitive firm's marginal profit is positive at an output of 1000 units,
A) at 1000 units, MR = MC. B) it should produce more than 1000 units. C) it should produce less than 1000 units. D) at 1000 units, MR < MC.
In economics, welfare analysis focuses on
A) income transfer programs. B) food stamp programs. C) international aid programs. D) None of the above.
Answer the following statement(s) true (T) or false (F)
1. investors is corporations have unlimited liability for the company's debts 2. cooperatives can be organized to help consumers, provide services, or help producers 3. the dividends of stockholders in a corporation are subject to double taxation 4. the American Federation of Labor is an example of a professional association 5. preferred stock represents the nonvoting ownership of a corporation