When compared to those in poor countries, poor people in the United States receive
A. Far more goods and services.
B. Somewhat fewer goods and services.
C. Far fewer goods and services.
D. About the same amount of goods and services.
Answer: A
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Javier can earn $80,000 a year working as a firefighter, or $78,000 a year working as a police officer. The probability of death from working as a firefighter is 1/2,000, and the probability of death from working as a police officer is 1/4,000
Using the compensating differential approach and the above information, what is the value of Javier's life?
Known world oil supplies will allow oil to last longer than any other source of energy
Indicate whether the statement is true or false
An issue that generates substantial benefits to a small group of individuals while imposing a small cost on many others is called a
a. special-interest issue. b. minority application. c. commons policy. d. national service.
The egalitarian principle of income refers to
A) each person being paid differently. B) each person receiving the same income. C) each person receiving tax breaks. D) each person working the same number of hours.