According to the World Bank, low-income economies are heavily concentrated in:
a. Europe and Africa.
b. Europe and Asia.
c. Asia and Africa.
d. Asia and Australia.
e. North America and Australia.
c
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How can banks increase the amount of loanable funds available for private lending?
(a) By selling government securities to securities dealers and the Federal Reserve System (b) By buying government securities from securities dealers and the Federal Reserve System (c) By buying stocks, property and other assets to hold on behalf of the banks (d) By holding 100 percent of customers' deposits in bank vaults
Most economists agree that ________ are the single most important source of productivity improvements.
A. increases in physical capital B. increases in human capital C. technological advances D. discoveries of natural resources