Author Question: Hurricane victims in the United States are likely to receive emergency relief aid and embark upon ... (Read 61 times)

scienceeasy · **on:** Jun 29, 2018

Hurricane victims in the United States are likely to receive emergency relief aid and embark upon reconstruction more rapidly than similar victims in India because

A) U.S. victims typically need the resources more than the victims in India.
B) the U.S. economy has a more clearly defined set of property rights compared to the Indian economy.
C) people in the U.S. are typically more charitable than people in India.
D) the global economy is too dependent on the U.S. to let it falter.

Question 2

If the market in the figure above is perfectly competitive, consumer surplus is the area ________.

A) ABH
B) BFGH
C) ACG
D) BCD
E) ACE