A. capital outflows
B. merchandise exports
C. private gifts to foreigners
D. foreign aid granted to other nations
A. Total spending / total consumption
B. Total consumption / total income
C. Change in consumption / change in income
D. Change in consumption / change in savings
A. incomes
B. prices of related goods
C. tastes
D. all of the above
A. Profit tax
B. Capital gains tax
C. Excise duty
D. Capital tax
A. Public expenditure per student for higher education is about ten times as high as for primary education
B. The expansion of primary education redistributes benefits from the rich to the poor
C. Economists unanimously agree that LDCs should put greater priority on primary education
D. Boys are sent to schools far more often than girls
A. There is a kink in the marginal cost curve
B. Demand is price inelastic
C. Demand is price elastic
D. non-price competition is likely
A. Blue chip
B. Blue Chipper
C. An extremely valuable asset or property
D. All of these