Who or what is responsible for bringing together scarce resources to produce most of the goods and services in the U.S.?
A) the U.S. government
B) the United Nations
C) the Federal Reserve Bank
D) markets and prices
D
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The figure above shows the demand for fruit snacks. Which movement reflects an increase in the price of a complement for fruit snacks?
A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
Firms in Thailand that had ________ while the baht was pegged to the dollar faced interest payments that were higher than they had planned once the Thai government abandoned the peg because the baht had been pegged ________ the equilibrium exchange
rate for the baht. A) borrowed dollars; above B) borrowed baht; above C) borrowed baht; below D) borrowed dollars; below
___________ is the ability to recognize and use resources effectively
a. Efficiency b. Intuition c. Helpfulness d. Resourcefulness
Which country has the highest per capita health care expenditures in the world?
A) Canada
B) France
C) United States
D) Japan