Which of the following measures of effectiveness is not a surrogate measure?
a. Cholesterol level
b. Blood pressure
c. Tumor size
d. Hip fracture
e. Bone-mass density (BMD)
D
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In the above figure, a sales tax of $1 per unit imposed on sellers ________ the price buyers pay and ________ the price that suppliers keep for themselves
A) affects; does not affect B) does not affect; affects C) does not affect; does not affect D) affects; affects
Kristi and Rebecca sell lemonade on the corner for $0.50 per cup. It costs them $0.10 to make each cup. On a certain day, their producer surplus is $20 . How many cups did Kristi and Rebecca sell?
a. 40. b. 200. c. 8. d. 50.
When two goods are perfect complements, the indifference curve is
a. a horizontal straight line. b. bowed outward. c. a downward-sloping straight line. d. a right angle.
The policy irrelevance proposition suggests that the policy effects on the economy primarily occur as a result of
A. illusion about the value of money. B. fiscal policy measures. C. unanticipated changes in policy. D. nondiscretionary fiscal policy.