Countries with low GDP per person tend to have

a. lower rates of child malnutrition.
b. fewer infants with low birth weight.
c. higher rates of infant mortality.
d. more access to safe drinking water.

c

Economics

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The theory of comparative advantage suggests that a(n):

a. industrialized country should not import. b. country that is not competitive should import everything. c. country specialize in producing goods or services for which it has a lower opportunity cost. d. none of these.

Economics

The following simultaneous equations describe the demand and supply for a particular good in a competitive market.

Qi= 1Pi+ 1zi1 + ui1 Qi= 2Pi+ 2zi2 + ui2 Which of the following are the endogenous variables in this model? A. Pi,zi1, and zi2 B. Pi and Qi C. zi1, and zi2 D. ui1 and ui2

Economics