According to this Application, the argument that the broken window is good for society only works
A) in theory, but never in reality.
B) if the economy is operating above full employment where too few resources ae available.
C) if the economy is operating at full employment where resources are fully employed.
D) if the economy is operating below full employment where resources are underemployed.
D
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The product life cycle model says that comparative advantage in manufactured goods may move from one country to another as a product becomes more standardized
Indicate whether the statement is true or false
The best single indicator of a person's purchasing power over time is income
Indicate whether the statement is true or false
Suppose a heath care provider wants to ensure that its family doctors are offering patients referrals to specialists when appropriate. Offering referrals makes the doctors' work longer as they need to complete considerable paper work. Because the managers of the health care provider cannot monitor doctors during patient visits, the managers require that each doctor refers at least 40 percent of
their patients to a specialist each month or face a fine. If less than 40 percent of the patients actually need a referral to a specialist, this policy will result in all of the following occurring except which one? A) Patients who need to see a specialist and might not have otherwise received a referral are now likely to receive a referral. B) Doctors' time will be wasted completing unnecessary paper work. C) Patients who do not need to see a specialist will be referred to one. D) The doctor turnover rate at this health care provider should decrease.
The group with the highest incidence of poverty in 2010 was
a. women living in a household with no husband present. b. blacks. c. Hispanics. d. people under age 18.