The benefit principle is the idea that people should pay taxes based on the benefits they receive from the services those taxes provide
a. True
b. False
Indicate whether the statement is true or false
True
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Exhibit 4-8 Demand and supply curves
In Exhibit 4-8, a movement from A to D is best described as a(n):
A. increase in the quantity demanded and an increase in supply. B. increase in supply and demand. C. increase in both the quantity demanded and supplied. D. increase in the quantity supplied and in the demand.
Exhibit 6-6 Total cost curves
?
In Exhibit 6-6, the total fixed cost is:
A. 0. B. 1,000. C. 3,000. D. 5,000.
Which of the following statements is true?
A. Most Medicaid beneficiaries are in HMO plans. B. Most Medicare Advantage beneficiaries are in HMO plans. C. Only about a quarter of employer-sponsored plan beneficiaries are in HMO plans. D. All of the above
Which of the following factors does NOT shift the demand curve for money?
A. changes in the interest rate B. changes in the price level in the economy C. changes in real income D. changes in real GDP