Medicare costs are high, and rising at rapid rates, because
A. medical technology is advancing and raising costs.
B. medical technology is advancing and raising costs, and at the same time there are more and more elderly.
C. the elderly have been shown to enjoy hospitals.
D. there are more and more elderly.
Answer: B
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If whenever one variable increases, another variable also increases, then these two variables are ________ related
A) inversely B) positively C) cross-sectionally D) trend-line E) negatively
A price-discriminating monopoly is a monopoly that
A) sells its output at a single price to all of its customers. B) sells different units of a good or service at different prices. C) has control over the resources used to produce the product. D) has a license to sell the product. E) illegally charges different customers different prices for the good it produces.
The United States produces more services than goods
Indicate whether the statement is true or false
National banks are chartered by the
A) Office of the Comptroller of the Currency. B) Office of Bank Supervision. C) Securities and Exchange Commission. D) Office of Management and the Budget.