Which of the following countries does not come close to the free market benchmark?

A) the United States
B) Japan
C) Cuba
D) France

Answer: C

Economics

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Consider the above table. If the government imposes a price ceiling on garbanzo beans of $8, what would be the likely result?

A) a surplus of 2,000 garbanzo beans on the market B) a shortage of 2,000 garbanzo beans on the market C) Market equilibrium will be reached. D) The quantity demanded of garbanzo beans would fall to zero.

Economics

Which of the following is true of sub-Saharan Africa?

a. The poverty rate in the region is low. b. Most of the sub-Saharan African countries rank among the freest economies in the world. c. The poverty rate in sub-Saharan Africa is the highest of any region in the world, and the reduction in the rate during the past quarter of a century has been modest. d. The poverty rate in sub-Saharan Africa is the lowest of any region in the world, and the rate has declined sharply during the past quarter of a century.

Economics