The U.S. perinatal mortality rate (late fetal deaths plus deaths in the neonatal period) was 6.2 in 2012, lower than those found in:
a. France, Switzerland, and the United Kingdom.
b. Canada.
c. Germany.
d. Japan.
a. France, Switzerland, and the United Kingdom.
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Most economists believe that the market __________ produce nonexcludable public goods because of the __________.
A. will; monetary incentive they have to produce them B. will not; externality problem C. will not; free rider problem D. will; market shortage that often accompanies the production of public goods. E. none of the above
As we work fewer hours and our leisure time increases, the opportunity cost of labor
A. Rises and the marginal utility of income rises. B. Falls and the marginal utility of income falls. C. Falls and the marginal utility of income rises. D. Rises and the marginal utility of income falls.
When each person specializes in producing the good in which he or she has a comparative advantage, each person can gain from trade but total production in the economy is unchanged
a. True b. False Indicate whether the statement is true or false
Reinvestment makes up about ______ of a typical firm’s funding.
a. 1/4 b. 1/2 c. 2/3 d. 3/4