Consequences of the European Monetary Union include ________
A) a global financial crisis in 2007-2008
B) tightening of capital controls in several economies
C) convergence of unemployment rates across the member economies
D) consistent monetary policy across the member economies
D
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When deciding whether to engage in an activity or how much to do, people should follow
A) the principle of microeconomics. B) the marginal principle. C) the principle of macroeconomics. D) the law of supply and demand.
The full opportunity costs of production are calculated as the sum of both explicit and implicit costs
Indicate whether the statement is true or false
Why is the scrotum located outside the body?
A. The atmospheric temperature is lower and is essential for sperm production B. The vas deferens provides a longer pathway for the maturation of sperm C. To keep the testes away from the infective potential of the digestive system D. To protect the testes from abdominal trauma
If the deductible is $300 and the co-payment is 20%, on a covered expense of $800 the individual will pay ________, and their insurance company will pay ________.
A. $500; $300 B. $300; $400 C. $300; $500 D. $400; $400