Less-developed countries are poor for all of the following reasons except one. Which one?
A. The labor force is too small.
B. Labor productivity is low.
C. Investment funds tend to flow abroad
D. Investment in human capital is very low.
Answer: A
Economics
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Without any restrictions in a perfectly competitive market, if there is a sudden rightward shift in the demand for a good:
A) sellers of the good will increase the supply of the good at the same price. B) sellers of the good will increase the quantity of the good supplied in the market. C) sellers of the good will decrease the supply of the good at the same price. D) sellers of the good will decrease the quantity supplied.
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An automatic stabilizer tends to increase GDP when it is rising.
a. true b. false
Economics