One reason health insurance is very expensive is because
A) it is likely a nearly fair insurance policy.
B) it is subject to manipulation through market power.
C) the government doesn't regulate the industry enough.
D) it is likely an unfair insurance policy.
A
You might also like to view...
Use the figure below to answer the following question.
If a price floor in this market is set at P2, then deadweight loss equals area
A. d. B. f. C. b + d. D. d + h.
If the nominal rental price of capital divided by the price of output is less than the marginal product of capital, a firm that wishes to maximize profits will
A) purchase more capital goods. B) purchase fewer capital goods. C) maintain the current level of capital goods. D) allow capital goods to wear out without purchasing additional capital goods.
Refer to the accompanying table below. The average benefit of 2 units of activity is:Units of ActivityTotal CostTotal Benefit0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225
A. $40 B. $60 C. $20 D. $80
How much is saving?
C = $7 trillion Disposable income = $10 trillion Autonomous consumption = $3.5 trillion?