Replacing employment-based health care with a government-run system could reduce employers payments for their workers insurance, but the amount that they would have to pay in overall compensation
A) would dramatically increase. B) would fall to zero.
C) would dramatically decrease. D) would remain essentially unchanged.
D
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Which of the following can occur if price controls are imposed on a product?
A. Persistent shortages B. Illegal markets C. Illicit channels of distribution D. Industry investment slows or stops E. All of these responses are correct.
Which of the following is true of coinsurance?
A) The policyholders do not have to pay a premium. B) Each policyholder has to pay a certain fee while making claims. C) The responsibility of paying claims is split between the insurer and the policyholder. D) All policyholders pay the same premium irrespective of the scheme they chose.
Refer to the scenario above. The net present value of the investment in Plan 4 is equal to:
A) -$8,001. B) -$556. C) -$791. D) -$3,737.
If the exchange rate goes from $2.00 = 1 € to $1.80 = 1 €, the result is a
A) 10% depreciation of the euro with respect to the dollar. B) 10% depreciation of the dollar with respect to the euro. C) 10% appreciation of the euro with respect to the dollar. D) None of the above.