A common criticism of central banks in developing nations led by despotic dictatorships is that they lack

A. independence of political influence.
B. corruption.
C. an understanding of economics.
D. control by political parties.

Answer: A

Economics

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If the total utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the total utility from consuming four units must be:

A. 168 B. 27 C. 156 D. 972

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Per capita income in the United States in 2010 was how many times greater than that in China?

A. 3 times B. 6 times C. 11 times D. 17 times

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