Which country has the highest health care spending as a percent of gross domestic product?
a. Japan
b. Switzerland
c. Canada
d. Germany
e. United Kingdom
b. Switzerland
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An increase in the exchange rate from $2.00 = 1 € to $2.20 = 1 € is a
A) 10% depreciation of the euro with respect to the dollar. B) 10% depreciation of the dollar with respect to the euro. C) 10% appreciation of the dollar with respect to the euro. D) None of the above.
Which of the following is not a drawback of forecasting using the compound growth rate method?
A) only considers first and last observations B) considers only equal absolute changes C) disregards fluctuations between the original and terminal observations D) does not consider any trends in the data
Total cost is equal to what?
a. Implicit Costs b. Opportunity Costs c. Fixed Costs + Variable Costs d. Implicit Costs + Fixed Costs
How can the Fed make bonds more attractive as an alternative to holding money, and what is the impact to the money supply?
What will be an ideal response?