The poorest 20 percent of the world's population receive what percentage of world income?
A. Less than 2 percent
B. About 4 percent
C. Around 8 percent
D. Close to 10 percent
A. Less than 2 percent
Economics
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Game theory:
A. is the analysis of how people (or firms) behave in strategic situations. B. is best suited for analyzing purely competitive markets. C. reveals that mergers between rival firms are self-defeating. D. reveals that price-fixing among firms reduces profits.
Economics
Recipients of Medicare tend to demand a greater quantity of low-value, high-cost services because
A) the services are readily available. B) recipients are coerced into demanding such services. C) the government mandates that they demand such services. D) the services are heavily subsidized.
Economics