Currently, about ________ of all health care spending is paid by individuals.
A. 3 percent.
B. 45 percent.
C. 89 percent.
D. 10 percent.
Answer: D
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In the long run:
A. all costs are variable costs. B. all costs are fixed costs. C. fixed costs are greater than variable costs. D. variable costs equal fixed costs.
The marginal cost to society of reducing pollution increases with the increased use of pollution abatement because
A. of the diminishing marginal utility of abatement. B. of the diminishing returns from abatement. C. of the high cost of abatement. D. of the reduced demand for abatement.
In Figure 33.1, how many people would be unemployed at the minimum wage? 
A. LS-Lmin B. LS - L* C. L*-Lmin D. L*
East Northland has forgiven the debt it was owed by South Westland. This would be reflected in the ________ account.
A. current B. financial C. reserve D. capital