Suppose the figure below shows Luke's demand curve for check-ups along with the supply curve for check-ups. 
If Luke had first-dollar medical insurance, then he would choose to have ________ check-ups a year.
A. 4
B. 5
C. 3
D. 2
Answer: B
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Adjustments to GDP to account for environmental impacts is
a. ecodevelopment b. sustainable growth c. externalities d. environmental accounting e. none of the above
When decision rights are decentralized, typically
a. decisions are being moved to those with less of the relevant information b. decisions are being moved from those with stronger incentives to make good decisions c. decisions are being moved from those with more of the relevant information d. decisions are being moved from those with weaker incentives to make good decisions
When variable inputs are added to a fixed input
A) output increases. B) output can increase at an increasing rate. C) output can increase at a decreasing rate. D) all of these choices are possible.
If the number of dollars needed to buy a representative basket of goods falls, the price level
a. falls, so the value of money falls. b. falls, so the value of money rises. c. rises, so the value of money falls. d. rises, so the value of money rises.