Author Question: The world's economies can be divided into four main categories according to their annual per-capita ... (Read 68 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?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

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

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

For a complete list of videos, visit our video library