Between 1981 and 2013, the overall mortality rate in the United States
A) remained fairly constant.
B) decreased by more than 25 percent.
C) slowly but steadily increased.
D) was similar to the average rate in most low-income countries.
B
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Refer to Figure 4.3. All else equal, an increase in net exports accompanied by a decrease in expected future profits would cause which of the following shifts?
A) S1 to S2 and D1 to D2 B) S2 to S1 and D1 to D2 C) S1 to S2 and D2 to D1 D) S2 to S1 and D2 to D1
Which of the following is correct?
a. NCO = NX b. NCO + I = NX c. NX + NCO = Y d. Y = NCO - I
Before the early 1970s, we ran a positive trade balance
A. in both merchandise and services. B. in neither merchandise nor services. C. in merchandise, but not in services. D. in services, but not in merchandise.
Figure 7.6 shows prices, demands, and cost data for the only restaurant in a small town. Compared to the profit under the single price policy, how much additional profit does the restaurant earn under the senior discount policy of a $7 senior price and a $10 non-senior price?
A. $920 B. $580 C. $300 D. $280