Using public policy to promote health can contribute to growth because:
A. workers who are in good health take more vacation days and are less likely to work.
B. workers who get free health care are more likely to be careless.
C. it allows the importation of more goods and services.
D. workers who are in good health will be more productive and less likely to miss work days.
Answer: D
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Consider the statement, "The number of beers consumed the night before a test affects the grade." In this statement
A) beer is the dependent variable and test grade is the independent variable. B) beer is the independent variable and test grade is the dependent variable. C) both beer and grade are dependent variables. D) both beer and grade are independent variables.
When quantity demanded decreases in response to a change in price:
A. the demand curve shifts to the left. B. the demand curve shifts to the right. C. there is a movement from one point to another along the demand curve
Tools a government might use to pursue industrial policy might be all of the following except:
A. directly manipulate markets in order to control prices. B. incentives for foreign direct investment. C. investment in research to create more growth. D. offer tax breaks to firms.
A real depreciation will initially cause a reduction in output when which of the following holds?
A) the Marshall-Lerner condition B) the J-Curve effect C) net exports are initially zero D) net exports are initially negative E) net exports are initially positive