The average level of effective protection has exceeded 300% for which of the following countries?
(a) Pakistan and Uruguay.
(b) Argentina and Brazil.
(c) Philippines and Mexico.
(d) India and China.
A
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The personal distribution of income in the United States shows that
A) income is equally distributed. B) the poorest 20 percent of individuals receive approximately 20 percent of total income. C) the richest 20 percent of individuals receive approximately 50 percent of total income. D) the poorest 60 percent of individuals receive approximately 50 percent of total income. E) the richest 20 percent of individuals receive approximately 25 percent of total income.
Which of the following characterizes the IACs?
A. high per capita GDP growth and high population growth B. low per capita GDP growth and low population growth C. low per capital GDP growth and high savings rate D. low human capital investment
What is moral hazard?
What will be an ideal response?
What is the likely consequence of an unemployment rate falling below the rate at which "full employment" is achieved?
A. The threat of recession. B. An increase in discouraged workers. C. Increased inflationary pressures. D. None of the choices are correct.