Life expectancy at birth for the world rose from 24 years to 26 years between 1000 and 1820, but by 2003, life expectancy had risen to
What will be an ideal response?
64 years
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Refer to Table 10.1. Equilibrium real GDP for this economy is equal to
A) $5.75 billion. B) $12 billion. C) $23 billion. D) $46 billion.
In the U.S., it is illegal for employers to interfere when workers try to organize unions
a. True b. False Indicate whether the statement is true or false
A market:
a) Does not exist for the exchange of illegal goods and services. b) Must be approved by the government before it can exist. c) Must have a physical location so buyers and sellers can meet. d) Is any place where goods are bought and sold.
Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the long run would be:
A. P1 and Y2. B. P2 and Y1. C. P3 and Y1. D. P3 and Y2.