The standard cut-off for cost per QALY is
a. equal to per capita income
b. 2 times per capita income
c. 3 times per capita income
d. 4 times per capita income
e. 5 times per capita income
A
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Which one of the following would count as investment in the GDP accounts?
A. Purchase of a new airplane by an airline. B. Purchase of a U.S. government bond. C. Purchase of 100 shares of Wal-Mart stock. D. Purchase of an existing house.
The tax shown in the graph above is
A. nominally progressive and regressive in effect.
B. nominally progressive and progressive in effect.
C. nominally proportional and progressive in effect.
D. nominally proportional and regressive in effect.
The advice to "retrain" would be most appropriate for which of the following types of unemployment?
A) frictional unemployment B) structural unemployment C) cyclical unemployment D) core unemployment
The change in the quantity of capital from one period to the next is equal to
A) net investment. B) financial investment. C) gross investment. D) wealth. E) depreciation.