Tag: Economics – Others

To gauge living standards across countries with populations of different sizes, economists use A. measures of human capital. B. the growth rate. C. real GDP per capita. D. technological progress.

The set of legislative priorities and specific issue positions supported by a politicalparty is known asthe party positionthe party basethe party organizationthe party platformthe party manifesto

A government in which the executive leader is chosen by the legislature is called ________.
a separation of powers system
a presidential system
an autocracy
a parliamentary system

What is the equilibrium price and quantity in the example above?
Group of answer choices
$9 and 5,000 respectively
$8 and 3,000 respectively
$7 and 4,000 respectively
$6 and 5,000 respectively

Assuming OPTIMAL manufacturing production levels, after afirm REDUCES its prices… it might sell MORE units than beforebut its margin contribution is also likely to be LOWER thanbefore.TrueFalse

The average cost curve
a. Lies below the AFC curve
b. Lies below the AVC curve
c. Is the vertical summation of the MC and the AVC curves
d. Is the vertical summation of the AFC and the AVC curves

Suppose that the average growth rate of the economy has been 1%. Given a forecast of 4% growth this year, if rational expectations hold, then the expected forecast error is negative 3%

Multiple Choice Question: If goods x and Y are the two goods in your consumption bundle, you will maximize utility from your available income if you allocate your funds such that

According to Achim Steiner, administrator for UNDP, ecotourism is estimated to be worth at least USD $ _____________ annually.Group of answer choices10 billion20 billion50 billion100 billion

1 pointWhich term became popular in the 1980s and 1990s to refer to those who are chronically unemployed and poor for long periods?
Underclass
Severely Disadvantaged
Working Poor
Non-skilled Workers