An increase in the demand for health care would most likely result from:
A. Healthier lifestyles
B. An aging population
C. Less health insurance coverage
D. Increased productivity in health care
B. An aging population
You might also like to view...
Governments can address the adverse selection problem in the health insurance market by requiring all its citizens to have health insurance
Indicate whether the statement is true or false
Refer to Figure 3-1. If the product represented is a normal good, an increase in income would be represented by a movement from
A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.
When aggregate expenditure is less than GDP, which of the following is true?
A) There was an unplanned increase in inventories. B) Households bought more new homes than they anticipated. C) Firms spent more on capital goods than they anticipated. D) All of the above must be true when aggregate expenditure is less than GDP.
If the marginal propensity to save is 0.35, the multiplier is 2.86
Indicate whether the statement is true or false