Author Question: The world's economies can be divided into four main categories according to their annual per-capita ... (Read 55 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
The world's economies can be divided into four main categories according to their annual per-capita income levels. Which one of the following is NOT one of the categories?
 
  A) low-income
  B) upper middle-income
  C) high-income
  D) lower middle-income
  E) middle-income

Question 2

Refer to the production possibility graph above. Assume that the economy is in equilibrium at point e. If the price of good B increases, the new equilibrium is most likely to be
 
  A) point f.
  B) point d.
  C) point e.
  D) point h.
  E) point b.



Liamb2179

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

E

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library