What was the primary goal of the proponents of the Patient Protection and Affordable Care Act?
A. Improve the quality of care by reducing medical malpractice.
B. Reduce health care costs in the United States by 50 percent.
C. Make all U.S. health care publically (government) provided.
D. Extend health insurance coverage to all Americans.
Answer: D
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Which of the following statements is false?
A) Richer countries tend to be found in North America, Western Europe, and Japan. B) Countries with large populations tend to be rich. C) Growth of per capita GNP tends to be quite stable about 1.5-3 percent per year in industrialized countries. D) Over the past several decades, growth of per capita GNP tends to be higher on average in industrialized countries than in low or middle-income countries.
In equilibrium, rate of growth of capital in a simple closed economy (i.e., x = 0 ) is determined primarily by
A) the growth rate of savings. B) the level of saving less expenditures for replacement capital. C) per capita well-being. D) the growth rate of replacement capital.
In the short run, the relevant costs for a firm to consider whether to shut down production are:
A. average total costs. B. average variable costs. C. average fixed costs. D. fixed costs.
Suppose you purchase shares in Acme Gadget Company for $10 per share. The company believes there is a 20 percent chance it will fail to earn a discounted future profit of $1.85. What is the expected rate of return on your investment?
A. 18.5 percent. B. 20.0 percent. C. 13.5 percent. D. 14.8 percent.