Nations with single payer systems typically have

A. serious inequality in the access to basic care.
B. lower tax rates than exist in the U.S.
C. lower life expectancies than in the U.S.
D. worse access to high-tech medical solutions than in the U.S.


Answer: D

Economics

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If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the labor force participation rate is

A) 78.6 percent. B) 71.4 percent. C) 64.3 percent. D) 66.6 percent.

Economics

Refer to Scenario 1 . If you start the course in such a way that each exam score is worse than your previous average what should happen to your average score?

What would happen to your average if the next exam score was larger than your previous exam score? Explain.

Economics

When the number of parties involved in the transaction is small, Coase's solution of assigning property rights may not be enough

Indicate whether the statement is true or false

Economics

Suppose all prices decrease by 10 percent in the year while the total sales of smartphones remain constant. This is

A. a violation of the law of demand since fewer smartphones should be purchased at a higher price. B. not a violation of the law of demand since the relative price of smartphones did not change. C. not a violation of the law of demand since the law of demand does not apply to expensive goods like smartphones. D. a violation of the law of demand since more smartphones should have been purchased with higher incomes.

Economics