Of the following high-income countries, which has the lowest infant mortality rate?
A) Canada B) Japan
C) the United Kingdom D) the United States
B
You might also like to view...
In the market for books, initially there are no taxes on books. Books are normal goods. The government introduces a tax of $4 a book and, at the same time, people's income fall by $4,000 a year
Following these two changes, the equilibrium quantity of books A) decreases. B) increases. C) remains unchanged. D) either increases or decreases. We cannot say which.
The period that elapses between the passage of legislation reducing taxes and the time the tax cut is put into effect is called the __________ lag
A) data B) wait-and-see C) legislative D) transmission
If the consumer is willing to give up 3 units of food (vertical axis) in exchange for one unit of shelter (horizontal axis) and food is priced at 10 and shelter at 20, then the consumer is purchasing
A. just the right amount of each good for utility maximization. B. too much food for utility maximization. C. less than the budget would allow. D. too much shelter for utility maximization.
A young chef is considering opening his own sushi bar. To do so, he would have to quit his current job, which pays $20,000 a year, and take over a store building that he owns and currently rents to his brother for $6,000 a year. His expenses at the sushi bar would be $50,000, for food and $2,000 for gas and electricity. What is the sum of his implicit costs?
A. $26,000. B. $66,000. C. $78,000. D. $52,000.