If the government provides universal health? insurance, what screening process will the government? need?
A. It? won't need a screening test.
B. It? won't use screening tests but it will use signals.
C. It will only give health insurance to nonminussmokers.
D. It? won't use screening tests but it will use statistical discrimination.
Ans: A. It? won't need a screening test.
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The following table shows values of annual real GDP per capita over time. Use it to answer the next question.1810$1,5001860$2,1001910$3,9001960$18,0002010$43,600Between which years was the rate of growth in real GDP per capita the lowest?
A. 1860 to 1910 B. 1910 to 1960 C. 1810 to 1860 D. 1960 to 2010
Households will choose to save more if
A) income is expected to decrease in the future. B) current disposable income increases. C) Both answers A and B are correct. D) Neither answer A nor B is correct.
In the short-run macro model, the change in inventories will
a. equal output minus aggregate expenditures b. trigger a price change c. equal investment minus depreciation d. equal sales minus investment e. be matched by an equal and opposite change in the subsequent period
Resources are scarce
a. because there is always a greater demand for them than there is a supply of them b. only if the resources are nonrenewable c. only if the resources are renewable d. because all resources are nonrenewable e. because all resources are renewable