Author Question: Which of the following economic indicators is used by the World Bank to classify countries as ... (Read 129 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?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

For a complete list of videos, visit our video library