According to Robert Fogel, economic growth ________ health, and health ________ economic growth
A) worsens; worsens B) worsens; improves
C) improves; worsens D) improves; improves
D
Economics
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You decide to take a vacation and the trip costs you $2,000. While you are on vacation, you do not go to work where you could have earned $750. In terms of dollars, the opportunity cost of the vacation is
A) $2,000. B) $750. C) $2,750. D) $1,250
Economics
The pure interest yield
a. reflects the expectation that the loan will be repaid with dollars of less purchasing power. b. is the real price one must pay for earlier availability. c. reflects the probability of default. d. is the real rate of return one could expect if the funds were invested in the commodities market.
Economics