According to 2017 OECD data, American life expectancy at birth
A. is 27th among the 34 OECD members.
B. is the shortest in the OECD.
C. trails only Denmark.
D. is the highest in the world.
A. is 27th among the 34 OECD members.
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Fast Copy is a perfectly competitive firm. The figure above shows Fast Copy's cost curves. The current market price is 2 cents per page. With no change in demand and technology, in the long run, the price will
A) remain unchanged. B) rise to 5 cents per page. C) rise to 4 cents per page. D) fall to 1 cent per page.
Which of the following statements is true?
A. Keynesians believe that consumers are inherently unstable in consumption decisions, but that businesses are relatively stable in making investment decisions. B. Monetarists believe in discretionary monetary policy. C. Lowering tax rates is the main priority of supply side economists. D. Supply-side economists believe in a heavily regulated economy.
If the MPC is 0.80, then a change in disposable income of $60 billion will lead to an initial change in consumption of
A. $30 billion. B. $42 billion. C. $48 billion. D. $60 billion. E. $70 billion.
what technological change can affect employment patterns across industries?
What will be an ideal response?