If a health economist is worried that a system of health insurance will break down because those with health insurance will be less likely to eat right and exercise because they will not be financially liable for the health care costs that follow, that economist is focused on the problem of
A. lack of universal coverage.
B. moral hazard.
C. mandation.
D. adverse selection.
Answer: B
Economics
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Goods that can be bought in any quantity desired are called
A) divisible goods. B) indivisible goods. C) invisible goods. D) inferior goods.
Economics
Taxpayers would be better off if a tax could just raise revenue without ______
a. altering the relative prices they face b. altering their preferences for a good c. tax shifting d. any income effects
Economics
In economics we assume that the goal of a firm is to
A) minimize costs. B) maximize revenue. C) maximize economic profits. D) maximize total sales.
Economics
Countries that have adopted liberal reforms and substantially increased their economic freedom rating in recent years
What will be an ideal response?
Economics