The combined GDP of developing countries constitutes approximately
a. 5 percent of global GDP.
b. 20 percent of global GDP.
c. 30 percent of global GDP.
d. 40 percent of global GDP.
D
Economics
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Refer to Table 9-12. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many belts will Morocco consume?
A) 60 B) 70 C) 90 D) 120
Economics
In the above figure, the competitive firm will employ the quantity of labor
A) equal to Lc. B) equal to Lb. C) less than Lb. D) greater than Lc.
Economics