The poverty rate dropped from 84 percent in 1981 to 11.2 percent in 2010 in what country?

A. India
B. Chile
C. South Africa
D. China


Answer: D

Economics

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If the money wage rate does not change, a decrease in the price level will ________ the real wage rate and ________ firms' profit

A) raise; increase B) lower; decrease C) lower; increase D) raise; decrease E) lower; not change

Economics

Porter's five forces model is trying to identify things that leads to a company's success

Indicate whether the statement is true or false

Economics

The three main crops of the nation from the end of the Civil War to the turn of the century (1900) were (1) ______, (2) __________; and (3) _________.

Fill in the blank(s) with the appropriate word(s).

Economics

Explain the money multiplier and give two examples showing how much money could be generated from a single deposit. For each example, be sure to include the initial deposit amount, the reserve requirement ratio, the excess reserve amount, the money multiplier, and the potential total amount of money generated, rounding to the nearest tenth at each step.

What will be an ideal response?

Economics