Which field of economics deals primarily with the problems faced by​ low-income countries?

Answers

Answer 1
Answer:

Answer:

Development economics

Explanation:

Development economics is a field which deals with the problems dealt by low-income countries and low-middle income countries. The focus of development economics is to solve the development problems by using economic tools and to push these low-income countries to start trade with developing or developed countries. Development economics gained popularity, especially after globalisation, because it provided low-income countries with an opportunity to interact with other countries.


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The major shortcoming of a barter economy is A. the requirement of specialization and exchange. B. that goods and services are not traded. C. that money loses value from inflation. D. the requirement of a double coincidence of wants.

Answers

Answer:

D) The requirement of a double coincidence of wants.

The major shortcoming of a barter economy is the requirement of a double coincidence of wants. Option (d) is correct.

A barter economy is a cashless economic system where goods and services are exchanged at agreed-upon prices. One of the earliest forms of economy is barter, which predates both monetary systems and written history. Barter may be used effectively in practically any industry.

The three drawbacks of the barter system are as follows: Lack of two desires that coincide. It indicates that in order to buy and sell each other's goods, both sides must agree. ii It is difficult to easily value every item. There are some products that simply cannot be split.

Learn more about barter economy, here;

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The most practical way to avoid mismanagement of a checking account is

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The most practical way to avoid mismanagement of a checking account is D.create a budget and stick to it.

Which is NOT a career cluster?A.
Agriculture, food and natural resources
B.
Human services
C.
Health sciences
D.
Business, management, and administration

Answers

Answer:

All are career clusters

Explanation:

1. Agriculture, food, and natural resources

The agriculture, food, and natural resources cluster encompass everything associated with the production of agricultural products. Careers' titles in the cluster include farmers, veterinary officers, and scientists.

2. Human services

This cluster includes cosmetologist psychologists, social workers, hairdressers, and other professionals related to human beauty and mental wellness sub-sectors.

3. Health sciences

Professionals in the Health Sciences cluster work in hospitals, chemists, clinics, and patients' homes. They include nurses, doctors, clinicians, pharmacists, paramedics, and healthcare operators.

4. Business, management, and administration

The cluster consists of careers in business-related fields. They include marketers, finance and business analysts, accountants, managers, and HR experts. It also features many junior entry-level positions, like clerks, typists,  secretaries, and front office workers.

Answer:

None, they are all career clusters

Explanation:

I hope this helped buddy.

True or False:If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is an inferior good.

Answers

False. 

If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is a GIFFEN GOOD. 

An inferior good is a good that decreases in demand if income increases. These are the goods that people opt not to buy when their purchasing power increases.

Which sentences in this paragraph describe two government policies that liberalize the economy? The government of a country observes that the economy has grown slowly over the past five years. The gradual increase in earnings each year is due to exporting natural resources. But the citizens seem to be unmotivated to start new businesses. (A) "So, the government decides to reduce the tariffs on imported raw materials." (B) "It also introduces special economic zones where certain goods can be traded tax-free." (C) "In addition, it introduces a policy to provide free education to all children up to grade 10." This step is aimed at producing more skilled labor. (D) "The government also decides to give free healthcare to all citizens over the age of 60."

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Answer:

(A) "So, the government decides to reduce the tariffs on imported raw materials."

(B) "It also introduces special economic zones where certain goods can be traded tax-free."

Explanation:

Liberal economic policies usually revolve around deregulation of many governmental policies, since advocates tend to prefer a market that is as free as possible – meaning, it is free of governmental influences. Liberal economy is also a form of capitalism, and thus they would support (A) and (B) most, since it reduces barriers for businesses to operate at a profit.  

They would not support (C) and (D) since these two concepts are instead socialist economic policies.  

Form 1040EZ is used by individuals who do not claim a lot of deductions. a. True
b. False

Answers

Answer:

True

Explanation:

Form 1040EZ is a short version of the 1040 form to file the income tax return. This form is used by people with a simple tax situation that have an income of less than $100,000 and have no dependents. Also, this form only have a few deductions available and because of this it is true that it is used by individuals who do not claim a lot of deductions.

True. Form 1040EZ is called the short form.