A kingdom where only the king earns all income would have a Gini ratio of:
A. 100
B. 0
C. 1
D. 2
C. 1
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According to Okun's Law, if the unemployment rate decreased by 1.75% over a year, the annual growth rate of real GDP was ________
A) 6.5% B) 1.75% C) 3.5% D) 5%
When comparing the gap in measured health care outcomes between the United States and Canada, the U.S. health care system stacks up poorly in terms of life expectancy and infant mortality
Much of that gap can be attributed to which of the following occurrences in the United States? A) obesity B) accidental deaths C) low-birthweight babies D) a combination of all of the above
The prisoners' dilemma is an example of a(n) ________ game
A) simultaneous move B) extensive-form C) zero-sum D) mixed strategy
The biggest single factor affecting household income is the householder's age
Indicate whether the statement is true or false