Which of the following statements is not true according to the National Center for Health Statistics?
a. Almost 15 percent of all Medicaid spending is attributable to tobacco use of one kind or another.
b. Alcohol- and smoking-related illnesses are associated with over 500,000 deaths annually.
c. Smoking prevalence among 18-24-year-olds is rising.
d. The average smoker in the U.S. has a life expectancy that is almost 10 years shorter than the average non-smoker's.
e. There is very little difference in the prevalence of smoking between males and females worldwide
e. There is very little difference in the prevalence of smoking between males and females worldwide
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Which of the following is a characteristic of a perfectly competitive market?
a. a few large firms b. firms producing specialized products in order to attract consumers c. each individual firm having some control over the market price d. a large number of small firms
"Creating a free market for carbon-dioxide emission permits would only encourage firms to pollute more." Do you agree or disagree? Why?
What will be an ideal response?