Higher Standards of Living Are Associated with

question 77

Multiple Choice

Higher standards of living are associated with

• A) a closed economy that allocates resources based on a centralized industrial policy.
• B) a high ratio of government spending to GDP.
• C) tightly regulated labor and capital markets.
• D) greater economic freedom.

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Definitions:

Cardiovascular Danger

A term referring to the risk factors that can lead to diseases affecting the heart and blood vessels.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, often measured for diagnosis since it is closely related to the force and rate of the heartbeat.

Consistency

The quality of achieving a level of performance which does not vary greatly in quality over time.

Concise Language

A way of speaking or writing that is clear and brief, using the fewest words necessary without losing meaning.