The reoccurrence of contagious diseases should be significantly lower in a technically advanced nation such as the United States. This statement is best described as
A. a marginal statement.
B. an implication of an efficient market.
C. a normative statement.
D. a positive statement.
Answer: C
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The FAIR Act of 1996:
a. was invented to provide a transition period for farmers to move from government-subsidized farming to free market farming b. succeeded in removing the government from farm markets c. both of the above d. neither of the above
The process of economic growth is
A. Constantly occurring in the United States. B. Cumulative, whereby gains made in one year accumulate in future years. C. Not important to economists. D. Not affected by previous year's growth.
If the population increases, the market demand for most products will:
A. not change. B. decrease. C. increase. D. depend on supply.
Treasury securities with terms as short as one month are known as
A. Treasury loans. B. Treasury dollars. C. Treasury bonds. D. Treasury bills.