The Cronkite Medical Center purchases a new piece of equipment that will automatically send notifications of a change in a patient's condition to their doctor and nurses. In the CPI, this would ________.
A. not be counted
B. be counted as education and communication
C. be counted as medical care
D. be counted as other goods and services
Answer: A
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A gross estate is all of the taxable assets of a person at the time of death.
A. True B. False C. Uncertain
An increase in production costs will shift the:
A) aggregate demand curve. B) short-run aggregate supply curve. C) long-run aggregate supply curve. D) none of the above.
Fiat money is:
a. includes currency and gold in bank vaults. b. does not include coins. c. is backed by any sort of commodity. d. has no value outside of its use as money.
In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time. The unemployment rate is
A) 15.4 percent. B) 10 percent. C) 10.3 percent. D) 11.1 percent. E) none of the above.