Economists now tend to believe that the most productive approach to ending poverty is to
a. make more and better education available
b. make sure there is a job for everyone
c. provide subsidies to people who earn less than a poverty-level wage
d. provide subsidies to businesses to hire poor people
e. none of the above
A
Economics
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In a duopoly where products are differentiated and firms charge different prices, the demand curves are _______________ than if the firms sell identical products at the same price.
a. steeper b. farther to the right c. more elastic (flatter) d. less elastic
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What type of international economic linkage would be illustrated by the export of a Boeing aircraft to Saudi Arabia?
A. Trade flow B. Resource flow C. Financial flow D. Information flow
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