Poverty is
a. a relative concept
b. an absolute concept
c. more prevalent in North American countries than in other areas
d. an insufficient income level to purchase all necessities
e. the same in all countries
A
Economics
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The current account
A) measures our exports minus our imports taking into account interest payments paid to and received from the rest of the world. B) measures our imports minus our exports. C) does not account for interest payments paid to and received from the rest of the world. D) is part of GDP.
Economics
What is an average cost pricing rule? Why do regulatory agencies use it for natural monopolies?
What will be an ideal response?
Economics