Which of the following will cause a decrease in the standard of living for an individual?

A. a decrease in socioeconomic status
B. an increase in wealth
C. an increase in income
D. a decrease in disease

Answer: A

Economics

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Sovereign debt crises:

a. always occur when debt/GDP ratios reach a specific point. b. mean that the optimal budget deficit is zero. c. can lead to foreign capital flight. d. can lead to exchange rate depreciation. e. both c and d.

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The fear of making decisions, a form of helplessness, is termed:

a. Agoraphobia b. Decidophobia c. Ultraphobia d. Claustrophobia

Economics