Which of the following IACs (industrially advanced countries) was the leading provider of development assistance to DVCs (developing countries) in 2012, in terms of absolute dollar amounts?
A. United States
B. Japan
C. Canada
D. Germany
A. United States
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Expansionary fiscal policy is likely to lead a nation's currency to depreciate
Indicate whether the statement is true or false
Suppose that the production function for the economy is Y = AK0.5L0.5. If the capital stock = 40,000, the quantity of labor = 10,000, and the efficiency index = 3, real GDP is
A) $60,000. B) $75,000. C) $150,000. D) $300,000.
Refer to the above figure. The figure gives the payoff matrix for two individuals who are being accused of robbing a bank together. Which of the following is the outcome with cooperation?
A) Both confess. B) Both don't confess. C) Bob confesses while Harry does not confess. D) Harry confesses while Bo does not confess.
The total producer surplus enjoyed by all sellers in a market
a. exceeds the market price b. is measured by the area below the market supply curve c. is called market producer surplus d. is the area below the market demand curve minus the area below the market supply curve e. is the area below the market supply curve minus the area below the market price