What was the percentage of GDP that was expended, in total, on health care?
A. 0.132%
B. 12%
C. 13.2%
D. 16%
D. 16%
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Figure 33-7
?
In Figure 33-7, the case for restrictive monetary and fiscal policy is strongest at point
A. A. B. B. C. C. D. D.
A. it is impossible to produce more consumer goods. B. resources cannot be reallocated between the two goods. C. it is impossible to produce more capital goods. D. more consumer goods can only be produced at the cost of fewer capital goods
A. the quantities of all resources are unlimited. B. technology is fixed. C. some resources are unemployed. D. there is no inflation in the economy.
The idea of utilitarian justice was first proposed by
A. John Stuart Mill. B. John Rawls. C. Karl Marx. D. None of the above is correct.
The marginal cost curve intersects:
A) the total cost curve at its minimum. B) the average fixed cost curve at its maximum. C) the average fixed cost curve at its minimum. D) both the average variable cost curve and the average total cost curve at their minimum.