If a person must pay the first $300 of covered health-care expenses in a year, this is called their
A. lifetime maximum.
B. co-payment.
C. deductible.
D. maximum out-of-pocket.
Answer: C
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Including discouraged workers in the calculation of the unemployment rate would
A) not change the reported rate. B) increase the reported rate. C) change the reported rate, but in an unpredictable manner. D) lower the reported rate.
The federal government has a Constitutional requirement to operate a balanced budget each fiscal year
Indicate whether the statement is true or false
The Aristocrat Corporation has taken out a loan to buy manufacturing equipment. The loan represents ________ for the company
A) a bond B) a liability C) equity D) an asset
In long-run equilibrium under conditions of pure competition and productive efficiency, all firms produce at minimum:
A. average variable cost. B. marginal cost. C. total cost. D. average total cost.