Related to his study of famines, economist Amartya Sen found that
a. famines are frequently the result of market forces that raise food costs and depress incomes.
b. famines are largely the consequence of food shortages.
c. GNP is not necessarily the best indicator of relative well-being in a country.
d. relative income is the best measure of standard of living.
a
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The fossils at Gran Dolina have been dated to nearly __________ years ago
a. 8 million b. 800,000 c. 8,000 d. 800
The altering of the genetic material to create specific characteristics in individuals is referred to as:
A. genetic reductionism B. genetic engineering C. genetic concordance D. genetic divergence
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Refer to the table below. At a price of $99, which of the following statements is true regarding the price elasticity of demand?
The above table shows a sample of prices and the quantity sold by a monopolist.
A) The price elasticity of demand is less than one.
B) The price elasticity of demand is equal to one.
C) The price elasticity of demand is equal to 2.0.
D) The price elasticity of demand is greater than one.