Of the following high-income countries, which has the highest female life expectancy at age 65?
A) Canada
B) Japan
C) the United Kingdom
D) the United States
Answer: B
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It is costly to hold money because
A. in doing so, one sacrifices interest income. B. bond prices are highly variable. C. the rate at which money is spent may decline. D. deflation may reduce its purchasing power.
The aggregate demand curve has a negative slope, because households and businesses respond to an increase in ________ by reducing their expenditures
A) the inflation rate B) output C) the real interest rate D) all of the above E) none of the above
Rational people having preferences for immediate benefits and delayed costs is another way of saying that:
A. money is worth less to us now than in the future. B. the value of money does not change over time. C. money is worth more to us now than in the future. D. rational people have insatiable wants.
Refer to the information provided in Table 3.1 below to answer the question(s) that follow. Table 3.1Price per PizzaQuantity Demanded (Pizzas per Month)Quantity Supplied (Pizzas per Month)$31,200 600 61,000 700 9 800 80012 600 90015 4001,000Refer to Table 3.1. This market will be in equilibrium if the quantity of pizzas supplied per month is
A. 700. B. 750. C. 800. D. 900.