The Asian tigers have experienced rapid economic growth in recent times. Hence, these countries are sometimes referred to as:
a. first-world countries.
b. newly industrialized countries.
c. the globalization limelight.
d. second-world countries.
e. the G-8 nations.
b
Economics
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Refer to the table above. If the price of one chocolate is $2, the marginal benefit per dollar spent on the fourth unit will equal:
A) $4. B) $2. C) $2.5. D) $5.
Economics
Short-run movements along the Phillips curve
a. remind us of the dangers of confusing various types of unemployment b. may determine long-run shifts of the same curve c. are usually brief and dramatic d. respond to different assumptions about consumer confidence e. lead to long-run movements along the same curve
Economics