For most industrial nations, health-care costs have increased faster than the rate of inflation

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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The processes used to produce goods and services describes

A) technology. B) entrepreneurship. C) capital. D) innovation.

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In Table 1, steaks are classified as a(n)

A) normal good. B) positive good. C) inferior good. D) marginal good.

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Given the information in Figure 14.4, the bilateral monopoly wage rate is:

A) W1. B) W2. C) W3. D) W4. E) Any of the above.

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There is substantial evidence to conclude that there is a very tight link between being a developing country and being an exporter of primary products.

Answer the following statement true (T) or false (F)

Economics