Before entering the debate of whether or not access to medical care is a right, it is important to distinguish between a negative right and a positive right. Which of the following statements is true?
a. Positive rights are freedom-preserving rights; they are enumerated in the U.S. Constitution.
b. Negative rights are resource-extracting rights. They require taking resources from one person in order for someone else to receive them.
c. Coercion of some kind is essential to guarantee a negative right.
d. Entitlements such as Medicare and Medicaid are examples of negative rights.
e. Consider the following situation: Peter has no money. In order for Peter to exercise his right to medical care, the law requires that Paul pay for it. This is an example of medical care as a positive right.
e. Consider the following situation: Peter has no money. In order for Peter to exercise his right to medical care, the law requires that Paul pay for it. This is an example of medical care as a positive right.
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If you pay a constant percentage of your taxable income in taxes, the tax is
A) regressive. B) random. C) proportional. D) progressive.
Which of the following sets of categories correctly describes the categories of nonconsumption injections?
A) foreign imports, private domestic investment, government transfer payments B) capital consumption allowances, government transfer payments, net exports C) net exports, inventory accumulation, government transfer payments D) government purchases of goods and services, net exports, private domestic investment
Since 1959, the U.S. has experienced severe recessions in which three periods?
a. 1964-65, 1981-82, and 1990-91 b. 1974-75, 1981-82, and 2008-09 c. 1960-61, 1974-75, and 2008-09 d. 1960-61, 1981-82, and 2008-09 e. 1969-70, 1981-82, and 2008-09
The reason for the use of the "averaging equation" to compute the price elasticity of demand is that
a. it would be impossible to connect a change in price specifically to a change inquantity demanded otherwise b. the elasticity within a price range differs depending on whether you are measuring price increases or decreases c. otherwise, the answer is sometimes negative and sometimes positive d. it measures sensitivity to price changes more accurately e. economists find the average elasticity to be a useful tool in their research