Motorcycle helmet laws have been controversial in some states. Riders prefer the feel of the wind on their faces. Others, however, point out that riders without helmets are more likely to suffer severe injury and run up hospital bills at public expense. Which of the following would most likely reduce the incidence of high bills for helmetless riders?
a. raise insurance rates for helmetless riders
b. lower insurance rates for helmetless riders
c. publish information on injury rates for helmetless riders
d. subsidize hospitals
a
You might also like to view...
The long-run effect of an increase in the growth rate of the quantity of money is a
A) higher nominal interest rate. B) lower nominal interest rate. C) lower real interest rate. D) lower inflation rate. E) higher real interest rate.
The President of the United States appoints the
A) directors of the Federal Reserve regional banks. B) presidents of the Federal Reserve regional banks. C) Federal Advisory Council. D) members of the Board of Governors of the Federal Reserve.
The value of Austria's exports minus the value of Austria's imports is called
a. Austria's net exports. b. Austria's net imports. c. Austria's foreign portfolio investment d. Austria's foreign direct investment.
In a budget line, a decrease in the price of the good on the y axis is graphically represented by:
A. a rightward parallel shift of the budget line. B. a steeper slope of the budget line. C. a leftward parallel shift of the budget line. D. a flatter slope of the budget line.