Which statement best describes changes in infant mortality in the US from 1940-2005?
a. By 2005, the total infant mortality rate was about 15% of what it had been in 1940.
b. The infant mortality rate is higher for whites than for blacks.
c. The infant mortality rate was about twice as high in 1940 as it was in 2005.
d. The infant morality rate during the first 28 days of life dropped significantly but the infant mortality rate from 28 days to 1 year remained about the same.
a. By 2005, the total infant mortality rate was about 15% of what it had been in 1940.
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A monopoly is a firm that is the only seller of a good or service that does not have a close substitute
Indicate whether the statement is true or false
According to the twin-deficit problem
A. Greece's government budget deficit weakened aggregate demand B. Greece's government budget deficit should have eliminated its current account deficit C. Greece's government budget deficit contributed to its current account deficit D. none of the above
Mutual interdependence means that each oligopolistic firm:
A. faces a perfectly elastic demand for its product. B. must consider the reactions of its rivals when it determines its price policy. C. produces a product identical to those of its rivals. D. produces a product similar but not identical to the products of its rivals.
Refer to the above figure. The top two arrows of the figure refer to the product markets. The bottom arrows refer to the factor markets. Which arrow represents the total monetary value of all goods and services?
A. Arrow A B. Arrow B C. Arrow C D. Arrow D