Why might a young, healthy person choose not to buy health insurance?
What will be an ideal response?
if you are healthy and rarely visit the doctor or buy prescription medicines, you are likely to pay more in premiums than you receive back in benefits.
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To achieve a $500 billion decrease in AD, if the MPC is 0.8, what decrease in government purchases would be called for?
a. $100 billion b. $400 billion c. $500 billion d. $625 billion
Economists emphasize the importance of ____ in analyzing demand
a. quantity b. market potential c. wants and needs d. price e. sales opportunities
The natural rate of unemployment in the United States generally ________ from 1960 to 1980 and ________ from 1980 to 2000.
A. fell; rose B. rose; rose C. rose; fell D. fell; fell
By owning common stock in a corporation, one has the right to
a. a position on the board of directors b. a job with the company c. help manage the company d. vote at shareholder meetings e. a guaranteed profit