People who enjoy high standards of living usually have all of the following EXCEPT:
A. longer life expectancies.
B. higher literacy rates.
C. better general health.
D. freedom from scarcity.
Answer: D
Economics
You might also like to view...
Exhibit 10-7 Aggregate supply and demand curves
In Exhibit 10-7, if aggregate demand increases from AD1 to AD2,
A. output and prices will increase. B. output and prices will decrease. C. output alone will increase. D. prices alone will increase.
Economics
Holding other factors constant, if employers automatically enroll employees in retirement savings programs in order to overcome psychological barriers to saving, then the real interest rate will ________ and the equilibrium quantity of saving and investment will ________.
A. increase; decrease B. decrease; increase C. increase; increase D. increase; not change
Economics