Surgical weight loss procedures are cheaper and safer than ever. As a consequence, we could expect:
a. An increase in the amount of care individuals take of their diet
b. A decrease in the amount of care individuals take of their diet
c. An increase in pre-surgery obesity
d. Both B&C
d
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When a good is nonexcludable, then individuals
A. will purchase the good for less than it cost to produce. B. can obtain the benefits of the good without paying for it. C. have an incentive to become free riders. D. will purchase more than the optimum amount. E. b and c
The difference between the real interest rate and the nominal interest rate gives the inflation rate in an economy in a particular year
a. True b. False Indicate whether the statement is true or false
More than one-third of the unemployed are recent entrants into the labor force
a. True b. False Indicate whether the statement is true or false
Checkable deposits have decreased since the 1970's mainly because:
A. people prefer to use credit cards rather than writing checks. B. these deposit accounts offer little or no interest so depositors find them to be expensive. C. regulators allowed higher rates to be paid on these accounts and banks found them to be highly unprofitable. D. as banks added fees to these accounts people increased their holdings of currency.