Which of the following is not evidence of the lower standard of living among less- developed countries?
a. high per capita income
b. high death rates
c. high infant mortality rate
d. low life expectancy
e. high birth rate
A
Economics
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When the interest rate is above the equilibrium interest rate there is an
A) excess quantity of money and people will sell bonds. B) excess demand for money and people will sell bonds. C) excess quantity of money and people will buy bonds. D) excess demand for money and people will buy bonds.
Economics
One of the limitation of Five Forces is that
a. These tools reduce producer surplus b. For one firm to increase profit, it takes it from other participants in the industry c. Does not provide a firm with sustainable competitive advantage d. Both b and c
Economics