The incentive structure is a

A) system of rewards and punishments that individuals consider when making decisions.
B) system determined by the federal government that gives certain states more federal funds.
C) system of infrastructure in the United States that improves commerce.
D) system of checks and balances in the government.

Answer: A

Economics

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In which of these developing regions has food production per capita steadily fallen over the last quarter century?

(a) Africa. (b) East Asia. (c) South Asia. (d) Latin America.

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GDP is a measure of:

A. domestic production. B. changes in the general level of prices. C. material well-being. D. social welfare.

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