The current account records net national income, while the capital and financial account records the net flow of investment.

In a negative externality, the deadweight loss to society occurs because marginal social cost [BLANK-1] marginal private cost. In a positive externality, external benefit exists because marginal social benefit [BLANK-2] marginal social cost.

In its scope and functions, the International Monetary Fund most closely resembles what would be a global central bank.

The fact that over 100 million women are “missing” between China and India alone points to

Explain at least three reasons why urbanization is an economic development issue. HINT: think of the economic causes and consequences of urbanization.

Brady bonds were

The puzzle of development lending is that the poorest countries ____________haven’t benefited the most.

Multi-sector, social accounting, and general equilibrium models are all examples of

On average, low-income countries exhibit higher returns to education than richer countries.

The net present value calculation NPV=∑(Bt-Ct)/(1+r)t s applied in cost-benefit analysis for