On average, people in low-income countries ________ than people in high-income countries
A) are subject to a lower infant mortality rate B) are exposed to fewer severe diseases
C) are shorter D) have a longer life expectancy
C
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Why would a firm continue to pollute even when it is fined (taxed) for doing so?
What will be an ideal response?
Define the following terms and explain their importance in the study of macroeconomics:
a. consumer expenditures b. investment spending c. national income d. transfer payments
Based on the graphs showing price discrimination in movie ticket prices, an elastic demand curve prompts theatres to ______.
a. charge higher prices
b. charge lower prices
c. go bankrupt
d. add more seats
The first antitrust legislation was the:
A. Sherman Act. B. Clayton Act. C. Federal Trade Commission Act. D. Robinson-Patman Act.