The flow of private foreign investment and grants and loans is included in a country's
(a) current account.
(b) capital account.
(c) cash account.
(d) none of the above.
B
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Which of the following statements correctly differentiates between the slope of the demand curve and price elasticity of demand along a linear demand curve?
A) The price elasticity of demand for a good is the same at different points on the demand curve, whereas the slope of the demand curve varies depending on the point where it is measured. B) The price elasticity of demand for a good varies along the demand curve, whereas the slope of the demand curve remains the same at different points on the curve. C) The price elasticity of demand is a ratio, whereas the slope of a demand curve is a product. D) The price elasticity of demand is a product, whereas the slope of a demand curve is a ratio.
The poor have demonstrated a marked ability to move out of poverty when economic opportunities improved
Indicate whether the statement is true or false