Basic supply and demand analysis indicates that having firms rather than the government provide health insurance to workers
A) changes both the composition of the compensation that firms pay and its level.
B) changes the composition of the compensation that firms pay, but does not change its level.
C) does not change the composition of the compensation that firms pay, but does change its level.
D) changes neither the composition of the compensation that firms pay nor its level.
Answer: B
You might also like to view...
What is the general principle of price discrimination?
Which of the following would be included in the consumption component of total expenditure in the United States?
a. A citizen buying a new apartment in Colorado b. A citizen paying rent for an apartment in New York c. NASA buying a new satellite launch vehicle from another country d. The U.S. government selling submarines to another country
The Fed increases the money supply by selling bonds
a. true b. false
Which of the following terms implies the greatest degree of confidence in an economic generalization?
A. Hypothesis. B. Comparison. C. Principle. D. Anomaly.