Which of the following measures of effectiveness is an intermediate measure?
a. Cholesterol level
b. Bone-mass density (BMD)
c. Hip fracture
d. Tumor size
e. Blood pressure
c. Hip fracture
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Which of the following activities, if any, represents an external cost? a. The reduction in the incidence of chicken pox when children are inoculated against the disease. b. The damage to a person's health from secondhand smoke
c. The increase in local property values when the city creates a neighborhood park. d. The price you pay for the prime rib that you consume at a local restaurant.
Combating recession may require the government to
a. decrease aggregate supply. b. increase aggregate demand. c. decrease aggregate demand. d. decrease government spending.
Which of the following is most important for the achievement of higher income levels and living standards?
What will be an ideal response?
Harder, more unpleasant, less convenient work is usually ______ paid than the more conventional occupations.
Fill in the blank(s) with the appropriate word(s).