Which of the following helps in determining whether health care cost rises because of government policy, or because of demand rising faster than supply?
a. Examining the market for health care away from the belief that the market outcome is unfair
b. Examining the market for health care with the belief that the market outcome is unfair
c. Examining the allocation system
d. Examining the changes in the price of health care products
e. Examining the changes in the number of suppliers of health care in the market
a
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The quantity of money demanded will increase as interest rates increase
Indicate whether the statement is true or false
Which of the following is a reason why only limited attempts are made to compensate those who lose from free international trade?
A) Free trade advocates consistently lobby to eliminate compensation. B) It would be difficult to determine the extent to which someone's sufferings were because of free trade and not due to reasons under their own control. C) No one loses in the from free trade in the long run. D) None of the above answers are correct.
If a producer is not able to expand its plant capacity immediately, it is
A) operating in the long run. B) operating in the short run. C) losing money. D) bankrupt.
During a demand-pull inflation, if the Fed tries to maintain a level of real GDP above potential GDP
What will be an ideal response?