Which of the following nations spends more per person on healthcare?
A) Switzerland
B) United Kingdom
C) Germany
D) None of the above nations spend more on healthcare.
D
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The self-correcting property of the economy means that output gaps are eventually eliminated by:
A. increasing or decreasing potential output. B. government policy. C. decreasing inflation only. D. increasing or decreasing inflation.
What is marginal analysis?
What will be an ideal response?
Best National Bank operates with a 20 percent required reserve ratio. One day a depositor withdraws $500 from his or her checking account at this bank. As a result, the bank's excess reserves:
a. fall by $500 b. fall by $400. c. rise by $100 d. rise by $500.
Intermediate goods are goods that are supplied to consumers without imposing any tax on them
a. True b. False Indicate whether the statement is true or false