Which of the following is a characteristic of an LDC?
a. All of the answers are correct.
b. Lack of entrepreneurs
c. Capital flight
d. Vicious circle of poverty
a
Economics
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Refer to the above figure. A unit tax has been placed on the good. What is the total amount of the tax?
A) 0 B) P2 - P0 C) P2 - P1 D) P1 - P0
Economics
If the United States exports military hardware, what is the effect in the exchange market? a. It will increase the supply of U.S. dollars
b. It will decrease the supply of U.S. dollars. c. It will increase the demand for U.S. dollars. d. It will decrease the demand for U.S. dollars.
Economics