Of the following high-income countries, which has the highest infant mortality rate?
A) Canada B) Japan
C) the United Kingdom D) the United States
D
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When a rent-seeking equilibrium is reached, the
A) economic profit is maximized. B) economic profit is eliminated by legislation. C) economic profit is eliminated. D) consumer surplus is greater than without rent seeking. E) consumer surplus is eliminated.
Assume the table shown is for a hat factory, and shows the total production of hats given various numbers of employees. What is the marginal product of the fifth worker?
A. 40
B. 50
C. 30
D. 200
Discretionary fiscal policy works by shifting the short-run aggregate supply curve
a. True b. False Indicate whether the statement is true or false
A bond purchaser bought a bond from which she receives $800 a year from the issuer. If the face value of the bond is __________ then the coupon rate is __________
A) $10,000; 10 percent B) $8,000; 8 percent C) $10,000; 8 percent D) $8,000; 12 percent E) none of the above