Which of the following is true of sub-Saharan Africa?
a. The poverty rate in the region is low.
b. Most of the sub-Saharan African countries rank among the freest economies in the world.
c. The poverty rate in sub-Saharan Africa is the highest of any region in the world, and the reduction in the rate during the past quarter of a century has been modest.
d. The poverty rate in sub-Saharan Africa is the lowest of any region in the world, and the rate has declined sharply during the past quarter of a century.
C
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What happened that was unusual during the 1980s?
a. Debt soared due to a war. b. Debt soared during a time of peace. c. Debt plummeted due to a recession. d. Debt plummeted due to tax increases.
Which of the following possible points on a labor supply curve is consistent with the income-leisure tradeoff graph below? 
A. Wage = 2: Hours worked = 10 B. Wage = 3: Hours worked = 14 C. Wage = 1: Hours worked = 12 D. All of these are consistent with the information on the graph
Along with currency not in banks and deposits in checking accounts, what is another component of the M1 measure of money?
A. credit cards B. debit cards C. traveler's checks D. prepaid accounts
Refer to Figure 6.4. Suppose that the current price is set at B and Q2 units of a good are traded. Which of the following statements is incorrect?
A. The quantity demanded is equal to the quantity supplied. B. Total surplus is not maximized. C. A buyer's willingness to pay equals a seller's willingness to accept. D. The trade of a good at the current price is efficient.