Most private insurance is provided by

A. employers as a benefit to their employees.
B. the federal government.
C. HMOs.
D. the Office of Health Insurance.


A. employers as a benefit to their employees.

Economics

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If Eddie can produce 40 milk shakes or 20 banana splits in an hour, and Tina can produce 30 milk shakes or 16 banana splits in an hour, then Eddie has a comparative advantage in producing banana splits

Indicate whether the statement is true or false

Economics

If the total population is 175 million, the labor force is 100 million, and 89 million workers are employed, then the unemployment rate is 11 percent.

Answer the following statement true (T) or false (F)

Economics

The improvement in outcomes that occurs when specialized producers exchange goods and services is called:

A. absolute advantage. B. specialization. C. gains from trade. D. comparative advantage.

Economics

Total revenue will fall if

A. demand for a good is inelastic and its price rises. B. demand for a good is elastic and its price rises. C. demand for a good is elastic and its price falls. D. All of the choices are true.

Economics