Which of the following is not a problem for less-developed countries?
a. Poor health and nutrition.
b. Shortages of labor.
c. High unemployment rates.
d. Low labor productivity.
e. low life expectancy
b
Economics
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Other things equal, contractionary fiscal policy will lead to:
a. an increased budget deficit (assuming an initial budget deficit). b. a reduced budget surplus (assuming an initial budget surplus). c. an expanded budget surplus (assuming an initial budget surplus). d. increased government purchases.
Economics
An economist would describe college fees as
a. an investment in human capital. b. a transfer payment. c. a waste of parents' money. d. an economic loss.
Economics