Where Does the United States Rank on the 2014 Human

question 82

Multiple Choice

Where does the United States rank on the 2014 Human Development Index?

• A) 1
• B) 5
• C) 8
• D) 12

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Definitions:

Snow-clearing

The process of removing snow from surfaces, like roads and walkways, to make them accessible and safe.

Perfectly Competitive

A market structure characterized by many buyers and sellers, all of whom have complete information and the products offered are homogeneous.

Marginal Cost

is the extra cost incurred by producing one more unit of a product or service.

Fixed Cost

Costs that do not change with the level of production or output, such as rent, salaries, and loan payments.