When the rate of growth of per capita income of poorer countries is higher than that of richer countries, it leads to economic convergence
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The agricultural price support program in the United States has resulted in:
A. Declining average farm income B. Surpluses of price-supported farm commodities C. Shortages of price-supported farm commodities D. A gradual migration of people from farms to cities
Economics
Under the total allowable catch (TAC) system of fishing:
A. There are limits to the number of days a species can be caught B. Biologists determine the size of the catch based on sustainable levels C. The number of fishing boats allowed to fish in a specific area is restricted D. Priority is given to catching fisheries with the greatest market value
Economics