Part B of Medicare covers

A. doctor visits outside of a hospital.
B. prescriptions taken out of the hospital.
C. only charges incurred in a hospital.
D. all health care needs.


Answer: A

Economics

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The figure above shows the market for iPods. Which of the following creates a movement from point A to point B?

A) a decrease in the price of Zunes, a substitute for iPods B) a requirement that all students at universities have an iPod C) a decrease in the price of iPods D) an increase in the price of iPods E) an increase in people's incomes

Economics

If a firm that repairs both motorcycles and cars is able to do so at a lower cost than a firm that does only one or the other, this would be an example of

A) economies of scope. B) economies of scale. C) monitoring. D) increasing transactions costs.

Economics

Brazil and Russia both depend on capital equipment as their primary exports

Indicate whether the statement is true or false

Economics

If the demand for a product increases, then we would expect equilibrium price

a. to increase and equilibrium quantity to decrease. b. to decrease and equilibrium quantity to increase. c. and equilibrium quantity both to increase. d. and equilibrium quantity both to decrease.

Economics