Poverty trap Study guides, Class notes & Summaries

Microeconomics OCR A Level Test Questions With All Correct Answers Economic goods - ANSWER Goods which benefit society, have the problem of scarcity and have an opportunity cost. Since economic goods are scarce, they have some value, so consumers will pay for them, and they can be traded. Factors which may enable/make easier collusion/cartels - ANSWER There are only a small number of firms in the industry and there are significant barriers to prevent new firms enterin...

When reference is made to the ____________, it means the specific amount of income needed for a basic standard of living. A. poverty trap B. income line C. income gap D. poverty line - ANSWER D A situation of __________ arises when one group receives a higher share of total income or wealth than others. A. poverty B. inequality C. poverty entrapment D. quintiles - ANSWER B Antipoverty programs that are set up so that the amount of government benefits will decline substantially as...

BBE Quiz Questions and Answers 2024 Verified 100% According to Dave Morris's 'The Once and Future Carbohydrate Economy', "In 1820, Americans used two tons of [plant matter] for every one ton of [coal/oil]... But by 1975 Americans used ________ ton(s) of [coal/oil] for every one ton of [plant matter]." Eight Natural Resources Include Land Water Fossil Fuels Non-metallic minerals Metallic minerals Air The US is a net exporter of iron ore True According to the 2017 U.S. Energy In...

Development Economics Test With Complete Solutions

Psych 115 Quizzes with 100% Correct Answers Solved You are listening in on a discussion among a group of psychology majors. One major says that field will only move forward if we use objective methods for understanding the principles that guide publicly observable human actions. This statement is most consistent with behaviourism Your friend claims that a diet change led to weight loss and muscle gain for him, and that you should try it too. Which of the following represents a scientific ...

This exam consists of 30 multiple choice questions and covers the material in Units 5 through 10 of the Webtext.  Question 1 5 out of 5 points Why did Maria move to Rocinha? Answer Selected Answer: Correct Answer: There were no jobs at home and her brother seemed to be doing well in Rocinha.  Question 2 5 out of 5 points How does Eric Obuh see scavenging work in the Lagos dump? Choose the BEST answer. Answer Selected Answer: Correct Answer: as an opportunity to fund his...

BBE Final All Possible Questions and Answers with complete solution;(100% accurate) According to Dave Morris's 'The Once and Future Carbohydrate Economy', "In 1820, Americans used two tons of [plant matter] for every one ton of [coal/oil]... But by 1975 Americans used ________ ton(s) of [coal/oil] for every one ton of [plant matter]." eight Biorenewable resources are a subset of non-renewable resources. false Natural resources include: air, metallic minerals, water, non-metallic mi...

BBE 1002 Final Exam Questions and Answers Latest Update Verified 100% True or False? The US is a net exporter of iron ore. (Lesson 1) True The US imports about _______% of the copper it consumes. (Lesson 1) 30% According to Dave Morris's 'The Once and Future Carbohydrate Economy', "In 1820, Americans used two tons of [plant matter] for every one ton of [coal/oil]... But by 1975 Americans used ________ ton(s) of [coal/oil] for every one ton of [plant matter]." (Lesson 1) Eight Acco...

A* analysis and evaluation for Edexcel a -level economics. Start revising now and save time. This covers theme 4 - 4.2 poverty and inequality. Everything you need to know for this topic

BBE Quiz Questions and Answers 2024 Verified 100% According to Dave Morris's 'The Once and Future Carbohydrate Economy', "In 1820, Americans used two tons of [plant matter] for every one ton of [coal/oil]... But by 1975 Americans used ________ ton(s) of [coal/oil] for every one ton of [plant matter]." Eight Natural Resources Include Land Water Fossil Fuels Non-metallic minerals Metallic minerals Air The US is a net exporter of iron ore True According to the 2017 U.S. Energy In...