A single payer system in the United States would
A. decrease availability of health care services to those who are currently uninsured.
B. likely decrease the waiting time for certain procedures.
C. likely face the same failures and successes like the many other nations that have tried it.
D. necessitate a tax cut.
Answer: C
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Harry gets $1,000 in currency from his grandfather when he graduates from college. He deposits these funds into his checking account. What is the impact on the monetary base of Harry's deposit?
A. The monetary base did not change B. The monetary base decreased by $1,000 C. The monetary base increases by more than a $1,000 D. The monetary base increased by $1,000
Which of the following is an example of speculative demand?
A. When the demand for housing increases, the demand for house insurance increases. B. When the actual price of housing increases, the quantity demanded of housing decreases. C. When the price of home ownership increases, the demand for rental housing increases. D. When the expected price of housing increases, the demand for housing increases.
Refer to Figure 14-11. The figure above is for a firm operating in a competitive industry. If there were four identical firms in the industry, which of the following price-quantity combinations would be on the market supply curve?
A $4 16 B $4 32 C $6 6 D $8 64
A point inside the production possibilities curve may indicate that resources are not being used efficiently.
a. true b. false