The existence of positive externalities due to the impossibility of full appropriability
A) supports the conclusions of the Heckscher-Ohlin model.
B) rejects the usefulness of government protectionism.
C) supports the concept that the government should support only high-tech industries.
D) provides support for government protectionism.
E) supports arguments for free trade.
D
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When adult children return to their parents' home to live, it is called:
a. Boomeranging b. Cocooning c. Burnout d. Adaptation
Unions face a trade-off between higher wages and
A) fewer available positions. B) more available positions. C) equipment. D) none of the above.
Possibly, the most serious flaw in the Medicare system is the fact that
a. the deductible is too high for most elders to afford. b. it provides no real protection against catastrophic losses resulting from unusually long hospital stays. c. the definition of an episode of illness can lead to patients paying the deductible more than once during the calendar year. d. coverage for outpatient drugs is poor. e. elders are required to pay monthly premiums to participate in Part B.
The basket of goods in the consumer price index changes
a. occasionally, as does the group of goods used to compute the GDP deflator. b. automatically, as does the group of goods used to compute the GDP deflator. c. occasionally, whereas the group of goods used to compute the GDP deflator changes automatically. d. automatically, whereas the group of goods used to compute the GDP deflator changes occasionally.