Corruption

A) curtails economic growth.
B) is eliminated by foreign direct investment.
C) raises the rate of growth as bribes enhance income.
D) acts as a magnet for foreign direct investment.

A

Economics

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Which of the following transfer programs in the U.S. is funded by a national tax but administered by state governments?

a. Social security b. Veterans' Administration Benefit program c. Unemployment insurance d. Food stamps e. National Guard activities

Economics

At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop would be willing to supply 150 cinnamon rolls per day. Using the midpoint method, the price elasticity of supply is about

a. 0.45 b. 0.90 c. 1.11 d. 2.20

Economics