Based on the table showing health care spending in selected countries, which country shown spends the second-highest percentage of GDP on healthcare?
a. Germany
b. Japan
c. Mexico
d. Switzerland
d. Switzerland
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The current price floor in the agricultural lettuce market makes it such that the price of lettuce is 25% higher than the equilibrium price and that 100 heads of lettuce are demanded
Assuming that the elasticity of demand for lettuce is -0.50, how much would revenue (P ? Q) change for the lettuce company if the government removed the current price floor? A) Revenue will increase by $15.60. B) Revenue will decrease by $15.60. C) Revenue will increase by $40.60. D) Revenue will increase by $ 9.40.
The movement of workers from lower productivity jobs to higher productivity jobs would be an example of:
A. network effects. B. technological advance. C. simultaneous consumption. D. improved resource allocation.
Many economist believe that misguided macroeconomic policies did more to create the Debt Crisis of the 1980s than ISI
Indicate whether the statement is true or false
In an efficient market, an average investor who is outside Wall Street
A. cannot expect to get average returns. B. must be constantly vigilant by analyzing and adjusting their portfolio to get average returns. C. will habitually exceed average returns. D. will get average returns in a well-diversified portfolio even without analyzing or managing it.