Suppose the figure shown represents the production possibilities frontier for Country A. Which of the following combinations of goods could Country A consume in the absence of trade?



A. (15 airplanes, 15 trucks)

B. (10 airplanes, 25 trucks)

C. (10 airplanes, 30 trucks)

D. (5 airplanes, 30 trucks)

D. (5 airplanes, 30 trucks)

Economics

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Define transfer payments and explain why they are not included in the government purchases section of the GDP accounts

What will be an ideal response?

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Between 1981 and 2013, the overall mortality rate in the United States

A) remained fairly constant. B) decreased by more than 25 percent. C) slowly but steadily increased. D) was similar to the average rate in most low-income countries.

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