This topic contains a solution. Click here to go to the answer

Author Question: Between 1970 and 2010, the poverty rate in East Asia declined dramatically from about 60 percent to ... (Read 65 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
Between 1970 and 2010, the poverty rate in East Asia declined dramatically from about 60 percent to less than 1 percent, while the poverty rate in Sub-Saharan Africa decreased from 40 percent to only 24 percent. The main reason for this is that
 
  A) The countries of East Asia have progressive income tax systems. The countries of Sub-Saharan Africa all have regressive income tax systems.
  B) Governments in East Asia increased transfer payments to poor families over this period of time. The governments of Sub-Saharan Africa had practically no transfer payment programs from 1970 to 2010.
  C) the population growth rate decreased in East Asia and increased in Sub-Saharan Africa.
  D) East Asia experienced higher economic growth than Sub-Saharan Africa.

Question 2

Refer to Figure 23-1. At point L in the figure above, which of the following is true?
 
  A) Actual inventories are greater than planned inventories.
  B) The economy has achieved macroeconomic equilibrium.
  C) Aggregate expenditure is greater than GDP.
  D) GDP will be increasing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly





 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library