According to most experts, which of the following factors is most important in causing health care costs to rise?
A. The aging of the population.
B. Rising incomes.
C. Malpractice suits.
D. Fee-for-service health insurance and cost-increasing technology.
Answer: D
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The marginal cost curve of pollution abatement is
A) downward sloping. B) upward sloping. C) horizontal. D) vertical.
If an industrial union would strike if it does not receive a particular wage rate, then the supply curve of labor in this market
a. is horizontal at that particular wage rate until it intersects the original supply of labor curve b. is vertical at that particular wage rate until it intersects the original supply of labor curve c. shifts to the left d. disappears e. slopes downward
Corporations can obtain investment funds by
a. buying government securities b. selling stock c. increasing dividends d. purchasing more capital e. buying back stock
Which of the following would most likely shift the aggregate demand curve to the right?
A. An increase in stock prices that increases consumer wealth. B. Increased fear that a recession will cause workers to lose their jobs. C. An increase in personal income tax rates. D. A reduction in household borrowing because of tighter lending practices.