Many individuals without health insurance receive "free" care. What are the sources of most of the care they receive?
a. Public hospitals and clinics.
b. Private, not-for-profit hospitals.
c. Private, for-profit hospitals.
d. Multi-specialty physicians' practices.
e. Solo practitioners and their associates.
A
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Immigrant entrepreneurs have founded what portion of public companies in the U.S. backed by venture capital?
A. About 10% B. About 33% C. About 25% D. About 50%
For each outcome below, tell what type of shift must have taken place in either the aggregate demand curve or the long-run aggregate supply curve
(a) In the short run, the price level is unchanged and output rises. (b) In the long run, the price level declines and output is unchanged. (c) In the long run, the price level rises and output declines.
One way the government can boost the economy out of a recession is:
A. with public announcements telling the public to save their money. B. by increasing government spending. C. by setting price ceilings on most goods so people can afford them. D. None of these will help an economy in recession.
A headline reads: "Steel industry suffers slump as import competition increases; unemployment rises." This type of unemployment can best be characterized in economic terms as:
A. frictional. B. cyclical. C. natural. D. structural.