As a percentage of GDP, U.S. health care spending is:
A. higher than that for Germany and Japan but lower than that of the United Kingdom and
Sweden.
B. higher than for any other major industrial country.
C. lower than that for Canada.
D. nearly identical to that of the other major industrial nations.B
Answer: B
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When several hurricanes hit Florida in 2004, a number of local governments imposed price controls that prevented sellers from raising their prices for badly needed products like plywood and generators. In the areas where the controls were imposed, they resulted in
a. an expanded availability of these badly needed products. b. a reduced availability of these badly needed products. c. an increase in the speed with which people recovered from the hurricanes. d. a more efficient allocation of these goods for which price controls were in effect.
Four years ago Ollie deposited some money into an account. He earned 5 percent interest on this account and now it has a balance of $303.88 . About how much money did Ollie deposit into his account when he opened it?
a. $210 b. $220 c. $240 d. $250