How can improvements in health increase a country's total income?
What will be an ideal response?
Improvements in health make it possible for people to work harder as they become taller, stronger, and more resistant to disease. Working harder makes a country more productive and raises its total income.
Economics
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A government subsidy for a good
A) is similar to a tax insofar as it decreases the production of the good being subsidized. B) increases production of the subsidized goods. C) punishes those who consume or produce the subsidized good. D) has no effect on the quantity of the good produced.
Economics
When a financial asset is first sold, the sale takes place in the ________ market, and subsequent sales take place in the ________ market
A) secure; risk B) stock; bond C) investment; commercial D) primary; secondary
Economics