What are the three main indicators that make up the Human Development Index?
What will be an ideal response?
Life expectancy, educational attainment, GDP per capita measured in PPP terms.
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"A single-price monopoly will always charge a price that is on the elastic range of the demand for the monopoly's output." Explain why the previous statement is correct or incorrect
What will be an ideal response?
If the real interest rate in the United States increases, foreign investors will ________ their demand for U.S. dollars because they desire to ________ more U.S. financial assets
A) increase; buy B) increase; sell C) decrease; buy D) decrease; sell
In the game in Scenario 13.4, the equilibrium outcome:
A) is for both NRG and Vita to sponsor the marathon. B) is for both NRG and Vita to sponsor the TV show. C) is for NRG to sponsor the marathon and Vita to sponsor the TV show. D) is for NRG to sponsor the TV show and Vita to sponsor the marathon. E) does not exist in pure strategies.
If the rate of interest increases, firms will most likely respond by: a. increasing investment
b. decreasing investment. c. not changing investment. d. increasing their capital stock.