Life expectancy at birth is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.
a. true
b. false
Ans: a. true
You might also like to view...
Using n to represent price elasticity of demand, a simple monopolist will find that its marginal revenue at any point along its demand curve is equal to price at that point multiplied by
a. (1 - 1/|n|) b. 1/|n| c. |n| d. |n|*MC
The current account surplus
A) is a decreasing function of disposable income and an increasing function of the real exchange rate. B) is an increasing function of disposable income and an increasing function of the real exchange rate. C) is an increasing function of disposable income and a decreasing function of the real exchange rate. D) is a decreasing function of disposable income and a decreasing function of the real exchange rate. E) is an increasing function of disposable income and a decreasing function of aggregate demand.
The first economist to analyze economic rent was
A) Henry George. B) David Ricardo. C) Karl Marx. D) John Stuart Mill.
The long-run growth in the economy depends on all of the following, except:
a. the growth in productive resources. b. the level of technological development in the country. c. the increase in the availability of inputs. d. the increase in the productivity of inputs. e. the number of economic contractions witnessed in a year.