In the United States in 2012, the number of new, diagnosed diabetes cases was lowest for people in the age range of ________, and the rate of new diabetes cases per 1,000 people was lowest for people in the age range of ________
A) 65 and older; 20-44 B) 20-44; 20-44
C) 45-64; 65 and older D) 45-64; 45-64
B
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If, for a $1000 premium, you buy a $100,000 call option on bond futures with a strike price of 110, and at the expiration date the price is 114, your ________ is ________
A) profit; $4000 B) loss; $4000 C) profit; $3000 D) loss; $3000
When net taxes increase and government purchases decrease, _____
a. the price level will rise b. money supply must rise c. the aggregate demand curve shifts leftward d. output and employment increase e. the aggregate supply curve shifts leftward
A profit-maximizing monopolist will never produce on the elastic segment of its demand curve
Indicate whether the statement is true or false
Assume a two-country, two-commodity, two-input model where the following relationships hold:(K/L)U.S. > (K/L)ROW(K/L)automobiles > (K/L)shoes(K/L)U.S. is the capital-labor ratio in the United States, (K/L)ROW is the capital-labor ratio in the Rest of the World, (K/L)automobiles indicates the capital-labor ratio in the production of automobiles, and (K/L)shoes indicates the capital-labor ratio in the production of shoes.Assume further that technology and tastes are the same in the United States and the Rest of the World. If trade opens up between the United States and the Rest of the World, according to the Heckscher-Ohlin model, the United States will export ________ and import
A. shoes; automobiles. B. automobiles; shoes. C. neither good; both goods. D. both goods; neither good.