In an unregulated market, healthcare consumers often

A) overestimate its benefit.
B) cannot afford the care they need.
C) overestimate their future need.
D) All of the above are correct.


B

Economics

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All of the following are traditional economic views except:

A. revealed preference shows researchers what the bad choices are. B. choice architects have a responsibility to remain neutral when it comes to choices. C. choice architecture is ineffective. D. there is no such thing as a bad choice.

Economics

When PPP does not hold in the short run, economists have developed an alternative short run explanatory theory based on the idea that:

a. currency values are different from other prices, since currencies are not considered assets. b. currency values are influenced in the short run because they serve as short-term assets. c. currency values will eventually result in PPP over time, so no short-run theory is needed. d. currency values are set by government entities and the IMF so the value often does not result in PPP.

Economics

A positive temporary supply side shock will:

A. increase the level of potential output in the long run. B. decrease the price level in the long run. C. increase the price level in the long run. D. have no effect in the long run.

Economics

What are some of the common arguments against free trade?

What will be an ideal response?

Economics