Between 1990 and 2014, which of these leading industrial countries of the world had the highest average annual growth rate in GDP per capita?
A) Japan B) Canada C) the United States D) Germany
C
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The demand for one money is the supply of another money
Indicate whether the statement is true or false
Economists refer to the actions people take after they have entered into a transaction that makes the other party to the transaction worse off as
A) economic inefficiency. B) moral hazard. C) market failure. D) bad faith.
One way the incentive problems inherent in comprehensive health insurance can be mitigated is through _____
a. deductibles b. premiums c. reimbursements d. screenings
The nominal wage represents: a. the wage measured in terms of the quantity of goods and services a worker can purchase with it
b. the wage measured in terms of the dollar value of the goods and services a worker can purchase with it. c. the real wage from which personal taxes has been deducted. d. the standard of living of workers across time. e. the change in real wage brought about by changes in aggregate supply.