In contrast to richer countries, most residents of poorer nations will have
A. only some primary education.
B. primary and secondary education.
C. higher education.
D. higher levels of productivity.
Answer: A
Economics
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The ratio of cash and securities to total assets is a traditional measure of __________ risk
A) credit B) leverage C) interest rate D) liquidity
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When the price of a product increases, a consumer is able to buy less of it with a given money income. This describes the:
A. cost effect. B. inflationary effect. C. income effect. D. substitution effect.
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