Global budgets coupled with price ceilings can control total spending as long as
a. the price ceilings are negotiated in good faith.
b. utilization of services does not increase significantly.
c. providers cooperate by only providing "medically-necessary" services.
d. patients are required to pay some of the expenses out-of-pocket.
e. none of the above. Global budgets can never work to control spending.
B
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When a tax is imposed on the sellers of a good, the
a. demand curve shifts downward by less than the amount of the tax. b. demand curve shifts downward by the amount of the tax. c. supply curve shifts upward by less than the amount of the tax. d. supply curve shifts upward by the amount of the tax.
The financial crisis of 2007-2009 was primarily the result of
A. excessive tax rates. B. the bursting of the housing market bubble. C. inflation fighting by the Federal Reserve. D. the bursting of the stock market bubble.
Sylvia wants to expand her taxidermy business and is going to use profits from the business to do so. This is an example of using ________ for her expansion
A) direct finance B) indirect finance C) retained earnings D) dividends
The graph shown demonstrates a tax on buyers. Before the tax was imposed, the sellers produced ________ units and received ________ for each one sold.
A. 9; $30 B. 9; $18 C. 6; $34 D. 6; $22