What is the economic criterion most often used to compare living standards among countries?
a. real GDP
b. unemployment rate
c. incidence of AIDS
d. rate of population growth
e. real per capita GDP
E
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Holmes and Rahe created a Social Readjustment Rating Scale illustrated in the book. They say stresses can mount up leading to:
a. suicide b. illness c. alcoholism d. smoking addiction
A study using data from the late 1960s showed that black baseball players earned less than comparable white players. Studies of more recent salaries in baseball, however, have found no evidence of discriminatory wage differentials
a. True b. False Indicate whether the statement is true or false
The number of people willing to buy tickets to the Super Bowl is invariably greater than the number of tickets (and seats) available. This is evidence that the price of the tickets is
What will be an ideal response?
The consensus view
A. Incorporates only the monetarist perspective. B. Incorporates only the Keynesian perspective. C. Incorporates both the Keynesian and monetarist perspective. D. Ignores both the Keynesian and monetarist perspective.