A benefit of deductibles and health savings accounts is that they

A. reduce the moral hazard problem associated with third-party payers.
B. reduce the incomes of physicians.
C. increase the quality of health care.
D. reduce the use of expensive techniques for hopeless cases.


Answer: A

Economics

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Bonds are

A) equity. B) equity and debt. C) debt. D) paid dividends.

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If a banking system receives an initial deposit of $150,000 and the reserve requirement is 40 percent, the total deposit in the banking system (including the initial deposit) can be expanded by _____

a. $375,000 b. $150,000 c. $60,000 d. $250,000 e. $450,000

Economics

According to purchasing-power parity, which of the following necessarily equals the ratio of the foreign price level divided by the domestic price level?

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Economics