Of the following OECD countries, which has the highest life expectancy at birth?
A) the United Kingdom
B) Japan
C) Canada
D) the United States
B
You might also like to view...
The quantity of real GDP demanded equals $16.2 trillion when the price level is 90. If the price level rises to 95, the quantity of real GDP demanded equals
A) less than $16.2 trillion. B) $16.2 trillion. C) more than $16.2 trillion. D) more information is needed to determine if the quantity of real GDP demanded increases, decreases, or does not change.
Refer to Figure 4-9. What is the area that represents producer surplus after the imposition of the price floor?
A) B + E + F B) A + B + E C) B + E D) B + C + D + E
At its minimum point, the average-total-cost curve is intersected by the:
a. average fixed cost curve. b. average variable cost curve. c. total fixed cost curve. d. total variable cost curve. e. marginal cost curve.
Tariffs and other trade restrictions increase the domestic scarcity of products from abroad. Such policies benefit domestic producers of the restricted products at the expense of domestic consumers. This statement: a. is essentially correct
b. contains two errors; trade restraints do not increase the domestic scarcity of product and neither do they harm domestic consumers. c. contains one error; domestic producers gain at the expense of foreign producers rather than domestic consumers. d. contains one error; the trade restraints do not increase the scarcity of foreign produced goods.