Currently, about ________ of all health care spending is paid by individuals
A) 89 percent.
B) 45 percent.
C) 10 percent.
D) 3 percent.
Answer: C
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The company that manufactures Screaming Chocolate Zonkers breakfast cereal finds that its sales collapse, it is forced into bankruptcy, and it defaults on its bonds, as a result of information on the filthy conditions in its factory, which had long
been known to management, leaking out to the general public. This incident is best thought of as an example of A) symmetric information in the financial markets. B) asymmetric information in the financial markets. C) moral hazard in the financial markets. D) the generally poor state of sanitation in the food-processing industry in the United States.
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.
In a model of consumption and leisure, a drop in the wage will cause workers to work more if tastes are quasilinear in consumption.
Answer the following statement true (T) or false (F)
If 1 U.S. dollar exchanges for 1.89 Australian dollars, how much would it cost in U.S. dollars and cents to purchase an Australian video priced at 40 Australian dollars?
What will be an ideal response?