The administrators of welfare programs have strong incentives to eliminate poverty

Refer to the scenario above. Which country is likely to have lowest life expectancy at birth?

A) Eduland B) Techland C) Neoland D) Ritzland

Which of the following transactions would be included in the official calculation of GDP?

A) A student buys a used textbook at the bookstore. B) Firestone sells $2 million worth of tires to General Motors. C) You wash and wax your father's car as a favor to him. D) You buy a new iPod. E) You illegally download music off the Internet to put on your new iPod.