The highest percentage of uses of health care funds in the U.S. for 2010 was
A. research.
B. hospital care.
C. home health care.
D. nursing home care.
B. hospital care.
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If relative PPP held, then the real exchange rate must be equal to one
Indicate whether the statement is true or false
Economic growth is best measured by increases in
A. per capita real Gross Domestic Product (GDP). B. nominal Gross Domestic Product (GDP). C. per capita nominal Gross Domestic Product (GDP). D. nominal personal income.
Which of the following is not inversely related to per capita income?
A. Mortality rates for children under five years of age. B. Adult illiteracy rates. C. Per capita energy consumption. D. Population growth rates.
People enjoy outdoor holiday lighting displays and would be willing to pay to see these displays but can't be made to pay. Because those who put up lights are unable to charge others to view them, they don't put up as many lights as people would
like. This is an example of a: A. negative externality. B. supply-side market failure. C. demand-side market failure. D. government failure.