Child labor is a common family survival strategy, especially for farmers in rural areas where it is hard to enforce rules or to reach the poor with any supporting infrastructure or social services

Explain why GDP per capita varies among countries even though countries eventually converge to their balanced growth paths

What will be an ideal response?

To function as money, something must hold its purchasing power over time. That is, it must be a

A) store of value. B) standard of deferred payment. C) unit of accounting. D) medium of exchange.