Which of the following is not a reason why low-income countries might experience low economic growth?
A) The country has a good education system.
B) The country has a low rate of saving and investment.
C) The country has endured extended periods of war.
D) The country fails to enforce a rule of law.
Question 2
What does the PPI measure?
A) the level of production of goods and services generated in the economy in a given year
B) the average of the prices received by producers of goods and services at all stages of the production process
C) the average change in the prices paid for all goods produced in the economy over a given year
D) the difference between the prices consumers pay for goods and services and the prices producers pay for goods and services
Household Income in the United States by Quintiles, 2009
The Parade of World Income
economic question
economic question
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Age structure for three countries