Inrecent years in China, the fraction of the population living below the international poverty line ($1.25 per person per day):
A. fell substantially.
B. increased dramatically.
C. increased more on average compare toother developing countries.
D. fell to zero.
A. fell substantially.
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The opportunity cost of borrowing funds to finance government deficits is:
A. greatest when the economy is doing well. B. greatest when the economy is in a recession. C. zero. D. the same regardless of the state of the economy.
Which statement best describes a special-interest issue?
A. It is a program or policy that is adopted during a special session of Congress or a state legislature B. It is an issue in which both the supporters and opponents use paid lobbyists to represent their interests C. It is a program or policy which one political party strongly supports and other political parties strongly oppose D. It is a program or policy in which a large number of people will suffer small costs and a small number of people will receive large gains