Question

Why don’t pharmaceutical companies prioritize research and development in vaccines for HIV/AIDS, tuberculosis, and malaria? Group...

Why don’t pharmaceutical companies prioritize research and development in vaccines for HIV/AIDS, tuberculosis, and malaria?

Group of answer choices

Not many people suffer from these diseases

It is more profitable to focus on other diseases

These diseases are a major focus of the United Nations and the World Bank

They believe the market will provide these vaccines

All of the following are examples of human capital EXCEPT:

Group of answer choices

education

health

schools

skills

Government expenditures are structured differently in developing and developed countries. How are expenditures in developing countries different?

Group of answer choices

More is spent on transfers and less on state-owned enterprises

Less is spent on transfers and more on state-owned enterprises

More is spent on transfers and more on state-owned enterprises

Less is spent on transfers and more on defense and public health

Industrialization causes pollution to increase, but as countries become richer, citizens demand a cleaner environment. What is the relationship between income and pollution?

Group of answer choices

A negative relationship between income and pollution

A positive relationship between income and pollution

A (inverted) U-shaped relationship between income and pollution

An S-shaped relationship between income and pollution

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Answer #1

1.

A

Companies spend money on the development of those medicines that can have huge demand and many people need it as a vaccine. But, the diseases mentioned, do not infect many people. So, these companies do not invest on the vaccine for these diseases.

====

2.

B

Health is not the part of human capital. Rather, it is education, skills and schools that are the part of human capital.

====

3.

B

Less money is spent on transfers to the people in developing countries. Rather, more money is spent on government's own enterprises.

====

4.

C

It is the inverted U curve, where pollution increases with increase in income, but later on pollution decreases with increase in income.

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