A demand schedule shows the time over which different quantities will be demanded.
Answer the following statement true (T) or false (F)
False
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National output and national income are essentially the same because
A) every purchase implies a sale. B) every cost implies a benefit. C) every profit implies a loss. D) every gain implies a sacrifice.
Unemployment insurance is an example of a discretionary fiscal policy
a. True b. False Indicate whether the statement is true or false
When the Fed decreases the discount rate, it makes it easier for banks
a. to decrease their reserves by borrowing from the Fed, causing the money supply to shrink b. to increase their reserves by borrowing from the Fed, causing the money supply to grow c. to protect against the inevitable accompanying increase in the legal reserve requirement d. to convert its loans into deposits e. to write off its obligations to the Fed
Uninsured patients receiving treatments at hospital emergency rooms that could have been provided less expensively at doctor's offices account for ________ of health care costs in the United States
A) between 1 and 4 percent B) approximately 25 percent C) almost 40 percent D) between 15 and 20 percent