Although Noncommunicable Diseases Such as Coronary Heart Disease and Type

question 30

True/False

Although noncommunicable diseases such as coronary heart disease and type 2 diabetes are becoming more prevalent,the World Health Organization estimates that by the year 2020 communicable or infectious diseases will continue to be the leading causes of death worldwide.

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Definitions:

Nonlabor Resources

Inputs used in the production of goods and services that do not involve human labor, such as land, machinery, and materials.

Accounting Profits

The total revenue of a business minus the explicit costs; it is the net income reported on the financial statement.

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs.