According to the article, we can conclude that the standard of living
A) is higher in Brazil because its citizens feel more control over their lives and have experienced job and wage growth.
B) is higher in Japan because their life expectancy is longer.
C) is higher in Japan because its GDP is higher.
D) might be higher in Japan because it has a higher per capita real GDP but other factors such as Brazilians' satisfaction with their lives and economic growth should be considered when determining economic well-being.
D
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What are three things to measure for in evaluating the performance of the capital markets?
A) level of intertemporal trade, international trade, portfolio diversification B) level of portfolio diversification, balanced capital accounts, global inflation C) level of portfolio diversification, intertemporal trade, efficiency of foreign exchange D) onshore-offshore interest rate parity, level of portfolio diversification, stability of eurocurrency market E) onshore-offshore interest rate parity, interest parity and foreign exchange, balanced capital accounts
People trade because
A) they are able to take advantage of others. B) government regulates the market. C) the must do so. D) they make themselves better off.
If the interest rate dropped, what would be the effect on spending?
a. Spending on automobiles would decrease. b. Business spending on new capital would decrease. c. Spending on consumer durables would decrease. d. Business spending on new factories would increase. e. Spending on new homes would decrease.
The real-balances effect on aggregate demand suggests that a:
A. Lower price level will decrease the demand for money, decrease interest rates, and increase consumption and investment spending B. Lower price level will decrease the real value of many financial assets and therefore cause an increase in spending C. Lower price level will increase the real value of many financial assets and therefore cause an increase in spending D. Higher price level will increase the real value of many financial assets and therefore cause an increase in spending