The principal result of the rising value of the U.S. dollar in the mid-1990s was the
a. lower foreign inflation.
b. lower U.S. interest rates.
c. opportunities for currency speculation.
d. attractive investments in U.S. technology.
d
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When Dale visits the doctor, Dale does not pay for either the visit or any tests the doctor may order. From this we can infer that Dale must:
A. have first-dollar medical insurance coverage. B. have a medical insurance policy with a deductible. C. be underutilizing medical care. D. be a member of an HMO.
U.S. producers decide to produce more compact cars and fewer SUVs as the price of gasoline rises. Producers are answering the ________ part of one of the two big economic questions
A) "what" B) "how" C) "when" D) "how many"
Measured in dollar terms, the two largest U.S. antipoverty programs are
a. cash transfers and medical care b. cash transfers and food assistance c. food and housing assistance d. medical care and food assistance e. medical care and housing assistance
Welfare economics is the study of
a. taxes and subsidies. b. how technology is best put to use in the production of goods and services. c. government welfare programs for needy people. d. how the allocation of resources affects economic well-being.