A major factor in the creation and proliferation of comprehensive health care insurance is _____
a. the health care tax credit
b. the tax deductibility of employer-paid health plans
c. the tremendous increase in the hard core poor
d. the increase in low-cost lifesaving techniques
b
You might also like to view...
________ motivates charitable giving because of selfish reasons, such as the appearance of generosity
A) Pure altruism B) Impure altruism C) Consumerism D) Rationalism
A firm's average variable cost is $90, its total fixed cost is $10,000, and its output is 1,000 units. Its total cost is
A) less than $85,000. B) between $85,000 and $95,000. C) between $95,000 and $105,000. D) more than $105,000.
According to the supply-side economists, a cut in the marginal income tax rate would cause
a. labor supply to rise, output to rise, and the price level to fall. b. labor supply to rise, the price level to rise, and output to fall. c. labor supply to fall, the price level to rise, with output unchanged. d. labor supply to rise, the price level to fall, with output unchanged.
When a competitive price-taker market is in long-run equilibrium
a. the firms in the market will earn zero economic profit. b. the average total cost of the firms in the market will be minimized. c. every unit of the relevant good that is valued more than its opportunity costs will be produced and sold. d. all of the above are correct.