Today the portion of total U.S. national income spent on health care is about
A) 7 percent.
B) 17 percent.
C) 34 percent.
D) 51 percent.
Answer: B
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In a market economy, government decides the answers to the three economic decisions
a. True b. False Indicate whether the statement is true or false
Firms will borrow to finance capital expansion until the MRP of the investment equals the
A. MRP of labor. B. marginal cost of the finished good. C. marginal physical product of capital. D. interest payment charged for borrowing.
During the period between 1960 and 1968 the poverty rate _______.
Fill in the blank(s) with the appropriate word(s).
Ray, a marketer at a global firm, monitors the exchange rate of countries in which the firm sells its products. Ray is most likely concerned about changes in ________.
A) operating expenses B) exporting policies C) product demand D) quality control