In the United States in 2016, the percentage of people that directly purchased an individual or family health insurance policy from an insurance company was about
A) 2%.
B) 7%.
C) 17%.
D) 26%.
Answer: B
Economics
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The above figure shows the apartment market in Big City. A rent ceiling of $1400 per month would
A) create a black market. B) increase search activity. C) not affect the market. D) create a surplus of apartments.
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When electric utility companies lobby state legislatures for continued protection from competition, this is an example of rent-seeking behavior
a. True b. False
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Explain why a monopolist does not have a supply curve.
What will be an ideal response?
Economics
The calculation of GDP would include
What will be an ideal response?
Economics