In economics, the term "investment" refers to the purchase of stocks and bonds.

All individuals, even Bill Gates, must select among alternative goods because of

A) pollution. B) global warming. C) scarcity. D) poverty.

Which of the following is FALSE about the Highly Indebted Poor Countries initiative?

A) Most of the countries included are in sub-Saharan Africa. B) Countries qualify for debt relief partly based on their level of poverty. C) Countries do not have to have established a past track record of economic reform in order to qualify as long as they make future commitments. D) External debt levels must be high relative to exports in order to qualify.