Which of the following events will increase long-run aggregate supply?
A) an increase in the interest rate
B) an increase in resource prices
C) a decrease in expected profit
D) an advance in technology
D) an advance in technology
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When you buy a hamburger for lunch, you are using money as a
A) store of value. B) standard of deferred payment. C) medium of exchange. D) unit of accounting.
The balance on Merchandise Trade is found by looking at the
A) current accounts B) capital accounts C) financial accounts D) Official Settlements Balance
Suppose the recipient of a kidney transplant has stated that she would prefer 5 years of perfect health to the 10 years she expects to live with her transplant. For this person, each of her remaining 10 years of life has a QALY value of
a. ½. b. 2 c. 5 d. 10 e. 50.
What percentage of millionaires in the United States are self-made?
a. about 20 percent b. about 40 percent c. about 60 percent d. about 80 percent