Land on both sides of the border of Brazil and Venezuela has long been occupied by the Yanomamo people. These "fierce people" are the last Stone Age tribe left in South America. Following discovery of gold, approximately 45,000 garimperios (gold miners) invaded the Yanomamo territory. The mining process pollutes the rivers and scares away game, so traditional Yanomamo sources of food, are almost
impossible to find now. The Yanomamo are starving. Economists call this problem
a. the cost disease.
b. an externality.
c. specialization.
d. rent seeking.
b
Economics
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Which is distributed more unequally, income or wealth? Why? Which is the better measure?
What will be an ideal response?
Economics
________ is the field of study that applies concepts from social sciences such as psychology and sociology to help understand the behavior of securities prices
A) Behavioral finance B) Strategical finance C) Methodical finance D) Procedural finance
Economics