Explain why East Asian countries have done so well relative to South American countries
What will be an ideal response?
Mainly, the reasons are: less moral hazard, less government debt to foreigners and smaller budget deficits in East Asian countries.
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The ________ a corporation keeps to finance future expansion are known as retained earnings
A) dividends B) stock C) bonds D) profits
A recent breakthrough in the field of genetics will allow scientists to insert into banana trees a human gene that protects against deadly childhood diseases. This is an important breakthrough for some less-developed countries because they cannot afford the traditional vaccines for these diseases. What effect might this breakthrough have on these countries' aggregate supply curves?
The way income is allocated among the population is called the
A) income curve. B) income spread. C) distribution of income. D) Gini allocation.
In an inverse relationship
A. the two variables has not related to each other. B. both variables fall together. C. both variables rise together. D. one variable rises while the other falls.