The typical developing country will not have
a. computers
b. older people
c. a high proportion of college graduates
d. a well-developed culture
e. all of the above
C
Economics
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If a consumer is maximizing utility and then the price of Good A increases: a. the marginal utility from the consumption of Good A will fall
b. the marginal utility from the consumption of Good A will remain unchanged. c. the marginal utility per dollar spent on Good A will decrease. d. consumption of Good A will increase.
Economics
While tax cuts may increase productivity, the government is forced to redistribute the tax burden or cut its own spending
a. True b. False
Economics