In the United States in 2014, about seventy percent of those who were not covered by health insurance
A) live in families in which at least one member has a job.
B) live in families in which all members are unemployed.
C) are single and unemployed.
D) are retired from the workforce.
A
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Bonds that are sold in a foreign country and are denominated in a currency other than that of the country in which it is sold are known as
A) foreign bonds. B) Eurobonds. C) equity bonds. D) country bonds.
In a natural monopoly, the long-run average cost curve declines and therefore average cost is lower when there is only one seller
a. True b. False Indicate whether the statement is true or false
Periodic fluctuations in real GDP are called
a. business cycles b. recessions c. peaks d. expansions e. troughs
The Heckscher-Ohlin theory predicts that the opening of trade between a land-abundant country and a labor-abundant country should result in
A. higher wages in the labor-abundant country and higher rents in the land-abundant country. B. higher rents and wages in both countries. C. lower rents and wages in both countries. D. higher rents in the labor-abundant country and higher wages in the land-abundant country.