Author Question: Which of the following economic indicators is used by the World Bank to classify countries as ... (Read 124 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
Which of the following economic indicators is used by the World Bank to classify countries as industrial or emerging economies?
 a. GDP
  b. Rate of inflation
  c. Net exports
  d. Per capita income
  e. Budget deficits

Question 2

A production possibilities curve will be concave as opposed to straight line if
 a. the law of increasing opportunity costs applies.
 b. some resources cannot be easily adapted to different tasks.
 c. the opportunity cost of the production of a good increases as more of it is produced.
  d. all of the above



vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

d

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

For a complete list of videos, visit our video library