In 2007, approximately what percentage of people in the United States with private health insurance received it as an employer-provided benefit?
A. 35.
B. 50.
C. 88.
D. 95.
Answer: C
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The first table above gives the labor demand and labor supply schedules for a nation. The second table gives its production function
a. What are the equilibrium real wage rate and the level of employment? b. What is potential GDP?
The demand curve facing a monopolist will be more elastic
A) the greater is the number of substitute products. B) as the consumers' need for the good increases. C) the greater is the amount of fixed costs to cover. D) as the number of consumers increases.
Figure 9-2
Which of the following is true for the economy depicted in ?
a.
Potential output exceeds y1.
b.
When output y1 is achieved, the actual rate of unemployment will exceed the natural rate of unemployment.
c.
When output y1 is achieved, the actual rate of unemployment will be less than the natural rate of unemployment.
d.
When output y1 is achieved, the actual rate of unemployment will equal the economy's natural rate of unemployment.
Suppose GDP is $10 billion, consumption expenditure is $7 billion, investment is $2 billion, and government purchases of goods and services is $2 billion. Net exports of goods and services must be
What will be an ideal response?