According to the World Bank definitions, there are more people in the world living in extreme poverty than there are living in severe poverty.
Answer the following statement true (T) or false (F)
False
There must be at least as many people living in sever poverty as extreme poverty.
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Monetary policy to stabilize the nation is less desirable whenever:
A) the nation is a net external debtor with liabilities denominated in foreign currency. B) the nation is a net external creditor with assets denominated in foreign currency. C) the central bank of the nation must also finance government deficits. D) the government is unable to raise taxes sufficiently to lower its deficit.
The figure above illustrates a linear demand curve. In the range from $8 to $6
A) the demand is price elastic. B) the demand is unit elastic. C) the demand is price inelastic. D) more information is needed to determine if the demand is price elastic, unit elastic, or inelastic.