Health care costs rose more than 10 percent in 2011, according to a survey of insurers by Aon Consulting Worldwide. Which of the following would be a fixed cost in a hospital?
A) an MRI machine
B) bandages
C) nurses
D) syringes
A
Economics
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A measure of overall prices at a particular point in time is called:
A. inflation. B. a relative price. C. the price level. D. a real price.
Economics
In 1996, if nominal GDP was about $8.5 thousand billion. The stock of money was
A. about the same as this. B. much less than this. C. much more than this. D. unrelated to this number.
Economics
Which of the following industries is least likely to exhibit the characteristic of free entry?
a. selling running apparel b. satellite radio c. yoga studios d. wheat farming
Economics
If the government budget deficit increases, which curve in the market for loanable funds shifts, which direction does it shift, and what happens to the interest rate?
Economics