Of the following high-income countries, which has the highest male life expectancy at age 65?
A) Canada B) Japan
C) the United Kingdom D) the United States
B
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Which of the following is true? a. Purchases of stock are included as part of investment in the national income accounts. b. Fixed investments include all spending on capital goods, as well as residential construction. c. Investment spending is the least volatile category of GDP
d. All of the above are true.
To maximize profit, a perfectly competitive firm will produce where MR = MC, but a monopoly and a monopolistically competitive firm will produce where price = ATC
Indicate whether the statement is true or false
Productivity levels are higher in rich countries compared to poor countries.
Answer the following statement true (T) or false (F)
A main debate between the Classical economists and Keynesian economists was related to: (2)
What will be an ideal response?