Using public policy to promote health can:
A. contribute to growth.
B. take away resources from those that promote growth.
C. hurt a country's chance of reaching high growth.
D. discourage citizens from taking care of themselves.
A. contribute to growth.
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Use the following table to answer the next question. The base year is 2007. Hot DogsBaseballsBottles of SodaYearPriceQuantityPriceQuantityPriceQuantity2005$2.00100$5.0050$2.0010020064.001005.001002.0015020076.001005.001002.0020020088.001508.002004.00200200910.0020010.002004.00250Real GDP (constant dollars) for 2009 equals ________.
A. $5,000 B. $2,300 C. $3,600 D. $2,700
When real GDP falls for two consecutive quarters the economy is in a
A) peak. B) trough. C) recession. D) depression.
The figure above shows the market for cotton in Georgestan. The government regulates the market with a production quota set at 8 million pounds per year. The introduction of the quota has
A) not affected the level of cotton production in Georgestan. B) increased the production of cotton in Georgestan by 8 million pounds. C) decreased the production of cotton in Georgestan by 4 million pounds. D) decreased the production of cotton in Georgestan by 8 million pounds.
Net exports equal
a. exports plus imports. b. exports minus imports. c. imports minus exports. d. GDP minus imports.