Domestically produced goods and services sold to other countries are referred to as
A) exports.
B) imports.
C) transfer payments.
D) capital outflow.
Answer: A
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One way the incentive problems inherent in comprehensive health insurance can be mitigated is through _____
a. deductibles b. premiums c. reimbursements d. screenings
On a production possibilities diagram, points inside the frontier are: a. unattainable given existing technology and resources. b. inefficient
c. efficient. d. efficient but not necessarily desirable.
Price floors keep the price _____ equilibrium price; price ceilings keep price _____ equilibrium price.
Fill in the blank(s) with the appropriate word(s).
Which of the following is an asset of a bank and a liability for its customers?
a. deposits of its customers and loans to its customers b. deposits of its customers but not loans to its customers c. loans to its customers but not the deposits of its customers d. neither the deposits of its customers nor the loans to its customers