Drug companies tend to attribute higher drug prices on
A. high litigation costs on drugs that are ultimately shown to be dangerous.
B. pharmacies charging too much for drugs.
C. Pharmacies charging too much for drugs and high litigation costs on drugs that are ultimately shown to be dangerous.
D. doctors distributing too many free samples.
Answer: A
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 
A. Rising; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
During the Great Depression, union membership _____ due to _____
a. expanded, greater cooperation between radicals and conservatives in the labor movement. b. expanded, the passage of pro-union legislation. c. contracted, greater conflict between radicals and conservatives in the labor movement. d. contracted, people wouldn't risk losing their jobs by joining a union when unemployment was high.
Assume Brandon's benefit function for water is S(W) = ?W and he consumes water both in droughts, WD, or in the rainy season, WR. Assume his current consumption bundle is WD = 36 and WR = 25 and the probability of drought is 0.75. What is Brandon's expected utility?
A. 5.75 B. 33.25 C. 11 D. 30.5
The current account balance is equal to
A. Total payments made by residents of the United States to foreigners plus total payments made by foreigners to residents of the United States. B. Trade balance + services balance + capital account balance. C. Trade balance + services balance - capital account balance. D. Trade balance + unilateral transfers + net investment income.