Answer the following questions true (T) or false (F)
1. The overall mortality rate in the United States has declined for the past 35 years.
2. Over time, people in the United States and other high-income countries have, on average, become taller, which is an indication that their nutritional status has improved.
3. A majority of people in the United States have private health insurance.
1. TRUE
2. TRUE
3. TRUE
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Which idea about development was constructed with developing countries in mind?
a. Harrod-Domar model b. New Growth theory c. Neoclassical growth model d. Lewis labor-surplus model e. All of the above
An increase in consumers' incomes will have what effect on the equilibrium in the restaurant meals market?
a. Price will increase, and quantity will increase. b. Price will decrease, and quantity will increase. c. Price will increase, and quantity will decrease. d. Price will decrease, and quantity will decrease. e. Price will increase, and quantity will stay the same.