A benefit of deductibles and health savings accounts is that they
A) reduce the moral hazard problem associated with third-party payers.
B) increase the quality of health care.
C) reduce the use of expensive techniques for hopeless cases.
D) reduce the incomes of physicians.
Answer: A
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Refer to the graph shown. A shift in the supply of dollars from S1 to S2 is most likely the result of:
A. a decrease in the U.S. price level relative to foreign prices. B. an increase in U.S. incomes relative to foreign incomes. C. the U.S. government's attempt to support its own currency. D. an increase in U.S. interest rates relative to foreign interest rates.
According to the theory of structural patterns of development, which of the following tends to occur as a country develops?
a. a shift from agriculture to industry and services b. an increase in the percentage of income spent on food c. growth of the rural sector d. a decline in trade as a share of GNP
If a nation can produce a more computers per year than any other nation, that nation has a(n) ________ advantage in the production of computers.
A. natural B. absolute C. comparative D. relative
Which of the following is NOT among the features that were phased in gradually during the integration of new members in the European Union (EU)?
A. The new members were allowed to impose a nominal tariff on the imports from the other members to stabilize themselves for the first several years. B. The citizens of the new members were not generally free to work in most other EU countries until several years after the country joined the EU. C. The new members were not full members of the common market for labor. D. The subsidies that the farmers of the new members receive started at only one-fourth of the standard levels for the common agricultural policy.