According to the World View titled "Jeffrey Sachs: Big Money, Big Plans," how did Columbia University economics professor Jeffrey Sachs expect extreme poverty to be eliminated by 2025?
A. Rich nations must quadruple their foreign aid flows now, and poor nations need to be more accepting of help.
B. Rich nations must double their foreign aid flows now and develop full-scale, comprehensive plans for the poor countries to reduce poverty.
C. Rich nations must double their foreign aid flows now and then double them again in 10 years, while poor nations must develop full-scale, comprehensive plans for poverty reduction.
D. Poor nations must develop full-scale, comprehensive plans for poverty reduction without the help of rich nations.
Answer: C
You might also like to view...
Refer to Figure 13-2. Ceteris paribus, a decrease in productivity would be represented by a movement from
A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.
Offering employees an efficiency wage may: a. reduce turnover
b. attract the most productive workers. c. lead to a reduction in training costs. d. result in any of the above.