How can increases in a country's total income improve health?

What will be an ideal response?

Increases in a country's total income make it possible for the country to afford better sanitation, more food, and a better system for distributing the food. Higher income also allows the country to devote more resources to research and development, including medical research.

Economics

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When the Fed wants to raise interest rates after banks have accumulated large amounts of excess reserves, it would

A) increase the interest rate paid on excess reserves. B) increase discount rate. C) increase the required reserve ratio. D) conduct massive open market purchase.

Economics

Which of the following constitutes an external cost of driving an automobile?

A) insurance B) fuel C) pollution D) license

Economics