Throughout the developing world, ________ is a problem that affects education.
A. student absenteeism
B. teacher absenteeism
C. an excess supply of classrooms
D. Both A and B are correct.
Answer: D
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For a regulated natural monopoly, the marginal cost pricing rule is a rule that sets price ________ marginal cost and achieves an ________ amount of output
A) equal to; efficient B) above; inefficient C) below; efficient D) equal to; inefficient E) above; efficient
If nominal GDP in 2001 is $9 trillion, and 2001 real GDP in 1996 prices is $6 trillion, the GDP deflator price index is
A) 7. B) 100. C) 150. D) 200.
A form of economic organization that relies primarily on private ownership of productive assets, freedom of exchange, and market prices to allocate goods and resources is often called
a. national socialism. b. the welfare state. c. a corporate economy. d. capitalism.
Table 13.2ABC Bank Balance SheetAssetsLiabilitiesTotal reserves$80,000Transactions accounts$200,000Loans120,000??Refer to Table 13.2. With total reserves of $80,000 and a required reserve ratio of 25 percent, ABC Bank could support maximum transactions account balances of
A. $2,000,000. B. $50,000. C. $320,000. D. $20,000.