In the United States from 1981 to 2013, deaths from all of the following declined substantially except
A) heart attacks. B) kidney disease. C) cancer. D) strokes.
B
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The figure above shows the market for transportation services, which produces an external cost due to the air pollution that is created
If the market for transportation services is competitive and unregulated, the equilibrium quantity is ________ and the equilibrium price is ________. A) 120; $14 B) 120; $8 C) 80; $12 D) 80; $6
"If it were not for employment discrimination against women, the average earnings of men and women would be equal." Is this statement true or false?
The buyer runs a risk of being sold a good of low quality when there is
a. a principal-agent problem. b. a moral-hazard problem. c. a problem involving hidden actions. d. a problem involving hidden characteristics.
The act of discovering a new production process would be called
A. invention. B. innovation. C. investment. D. development.