A nation’s standard of living depends on its population and labor productivity.
Answer the following statement true (T) or false (F)
True
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The table above gives data for the nation of Syldavia. The sum of the current account balance, capital and financial account balance, and the official settlements account balances of Syldavia is equal to
A) $10 billion. B) -$10 billion. C) $40 billion. D) $30 billion. E) zero. The table has some of the U.S. balance of payments account.
The federal government and insurance companies are examples of third party
A) payers for health care. B) users of health care. C) providers of health care. D) observers of health care.
"In-kind" rather than cash transfer payments are represented by
A. public assistance payments. B. unemployment insurance benefits. C. Social Security benefits. D. food stamps.
The process of entry and exit into a monopolistically competitive market continues until:
A. profits are positive. B. profits are zero. C. profits are negative. D. Any of these statements could be true.