High unemployment and high rates of inflation are examples of coordination successes

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The gap between real GDP per person in Africa and real GDP per person in the United States has been

A) increasing. B) decreasing. C) remaining fairly constant. D) there is no gap in real GDP per person between Africa and the United States.

Economics

Cindy's attitudes towards risk are summarized by the utility function U(w) = . Cindy has an initial wealth of $100. There is a 10% chance that her home will sustain flood damage next year costing her $40 in repairs

What is the most she will pay to for a full $40 of flood insurance?

Economics