Better health allows people to work harder, which raises a country's total income. This indicates that in effect, better health
A) is a primary cause of price increases.
B) reduces the incentive to work.
C) shifts out a country's production possibilities frontier.
D) increases consumer surplus.
Answer: C
Economics
You might also like to view...
Economic models like the AD-AS model tell us:
A. how to determine which economic variables are changing. B. what to expect if we know what is happening. C. exactly what is happening. D. nothing useful about the real world.
Economics
Currency devaluation ______export producers because_______
a. Helps; exports are more expensive b. Hurts; exports are more expensive c. Helps; exports are less expensive d. Hurts; exports are less expensive
Economics