Which of the following are balance of payments accounts?
i. capital and financial account
ii. tariff account
iii. current account
A) i only B) ii only C) iii only D) i and iii E) ii and iii
D
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Gwen is an unpaid worker in her family's restaurant. The Bureau of Labor Statistics counts Gwen as
a. unemployed and in the labor force. b. unemployed and not in the labor force. c. employed and in the labor force. d. employed and not in the labor force.
Answer the following questions true (T) or false (F)
1. Health care spending per person is lower in the United States than in most other high-income countries. 2. In the United States, health care spending as a percentage of GDP has declined since 1965. 3. As a percentage of GDP, health care spending on Medicare and Medicaid is expected to double over the next 40 years unless health care costs begin to grow at a slower rate.