The IMF comprises of 50 member countries including all developed countries, and a few countries of Asia and Latin America

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Assume that the price elasticity of demand for gasoline is -0.06. If the government tax causes the price of gasoline to increase by 50 percent, what will be the decrease in the quantity of gasoline demanded?

A) 0.5 percent B) 3.0 percent C) 8.33 percent D) 50 percent

Economics

Roughly what portion of U.S. total health spending is paid for by private and public insurance?

A. One-tenth. B. One-fourth. C. Four-fifths. D. One-half.

Economics