Once the national health care program goes into effect, we can expect
A) total expenditures on health care will decrease.
B) more individuals will have more incentives to make decisions that promote better health.
C) total expenditures on health care will increase.
D) moral hazard will decrease.
C
You might also like to view...
Suppose the table below describes the demand for a good produced by monopolist.PriceQuantity$101$92$83$74$65$56$47The monopolist's total revenue from selling 3 units is ________, and the monopolist's marginal revenue from selling the 3rd unit is ________.
A. $24; 8 B. $24; 6 C. $28; 8 D. $52; 1
Use the following graph for a perfectly competitive firm generating a loss in the short run to answer the next question.
Which area in the graph represents the loss generated by the firm?
A. bcde B. 0beg C. abef D. acdf
When total revenue reaches its peak (elasticity equals 1), marginal revenue reaches
A) 1. B) zero. C) -1. D) Cannot be determined from the information provided
In equilibrium, low risk assets earn a _______return than high risk assets
a. higher b. lower c. similar d. none of the above