Developing countries are damaged by dead capital because
A) it replaces too many workers, creating unemployment.
B) resulting inefficiencies greatly reduce the rate of return on investment.
C) it must be sold as scrap.
D) none of the above.
B
Economics
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Bianca consumes apples and bananas and is in consumer equilibrium. The marginal utility of the last apple is 10 and the marginal utility of the last banana is 20. If the price of an apple is $0.50, then what is the price of a banana?
A) $0.10 B) $0.25 C) $0.50 D) $1.00
Economics
Leakages from the circular flow include saving and imports
a. True b. False Indicate whether the statement is true or false
Economics