A World View article titled "Secondhand Smoke Kills 600,000 People a Year: Study" claims what percentage of all deaths worldwide are caused by secondhand smoke?
A. 5 percent.
B. 1 percent.
C. 2 percent.
D. None of the choices are correct.
Answer: B
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What is the equation of exchange? How can the equation of exchange be converted into the quantity theory of money?
What will be an ideal response?
Rising prices help control the process of resource depletion by
A. encouraging consumption and waste. B. stimulating more efficient use of the depletable resource. C. disincentivizing resource-saving innovation. D. stimulating resource imports.
If the average interval between firms' price adjustments is relatively long
A. a reduction in aggregate demand will cause a relatively short-lived reduction in real Gross Domestic Product (GDP). B. an increase in aggregate demand will cause a relatively short-lived increase in real Gross Domestic Product (GDP). C. an increase in aggregate demand will cause a relatively long-lived increase in real Gross Domestic Product (GDP). D. none of these.
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4Refer to Figure 2.4. The economy moves from Point A to Point D. This could be explained by
A. an increase in economic growth. B. a change in society's preferences for motorcycles versus hybrid cars. C. a reduction in unemployment. D. an improvement in technology.