Population growth remains high in most DVCs:
A. because religious and sociocultural considerations favor large families.
B. because children may provide economic security for aging parents.
C. because children provide agricultural labor in rural areas.
D. for all of these reasons.
D. for all of these reasons.
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Need-based spending ________ during an expansion and ________ during a recession, which leads to larger budget deficits during the ________ phase of the business cycle
A) increases; decreases; recession B) decreases; increases; expansion C) decreases; increases; recession D) decreases; decreases; expansion E) increases; decreases; expansion
As countries that currently use the euro, what are the two ways that Spain and Greece could reduce the prices of their exports and of their domestic goods to remain competitive with their trading partners?
What will be an ideal response?