Country A's income per capita is higher than that of Country B. Country A is likely to have ________
A) a higher life expectancy at birth B) a lower life expectancy at birth
C) a higher exchange rate D) a higher unemployment rate
A
Economics
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The area below the demand curve and above the price line measures
A) consumer surplus. B) economic profit. C) elasticity of demand. D) the total value obtained from consuming the good or service.
Economics
Which of the following is an example of a long-run adjustment?
A) Your university offers Saturday morning classes next fall. B) Ford Motor Company lays off 2,000 assembly line workers. C) A soybean farmer turns on the irrigation system after a month long dry spell. D) Walmart builds another Supercenter.
Economics