In the health insurance market, adverse selection occurs when
A) chronically ill people buy health insurance.
B) insured people go to the doctor unnecessarily.
C) patients sue their doctor.
D) people with health insurance tend to behave more recklessly.
A
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An increase in the discount rate will
A) have an unclear effect on the money supply. B) not affect the money supply. C) decrease the money supply. D) increase the money supply.
Which of the following is NOT a way in which power was divided up in the Federal Reserve System?
A) between bankers and business interests B) among states and regions C) between importers and exporters D) between government and the private sector
The supply of loanable funds curve shows:
a. a negative relationship between the interest rate and the quantity of loanable funds. b. a positive relationship between the interest rate and the quantity of loanable funds. c. an indirect relationship between the marginal rate of return on investment and the quantity of loanable funds. d. a negative relationship between the expected marginal rate of return on investment and the quantity of loanable funds.
In the 1970s, the U.S. relied on Command-and-Control models of pollution regulation.
A. True B. False C. Uncertain