The Human Development Index combines ________, life expectancy, and measures of education to measure the standard of living

A) gross domestic product B) income per capita
C) income per worker D) gross national product

B

Economics

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The additional benefit of increasing some activity by one-unit is called the

A) scarcity. B) total benefit. C) opportunity cost. D) marginal benefit. E) unit cost/benefit.

Economics

If the natural rate of unemployment in a country is 6% and the unemployment rate in the country is 8%, the cyclical unemployment in the country must be:

A) 8%. B) 6%. C) 14%. D) 2%.

Economics