The Federal Reserve affecting the supply of money is known as
A. growth policy.
B. supply side policy.
C. monetary policy.
D. fiscal policy.
Answer: C
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Participation in Part B of Medicare is
a. applicable to supplemental hospital payments. b. applicable to nursing home stays c. voluntary. d. involuntary. e. none of the above.
In the United States, currency in circulation is the largest component of the M1 money supply
a. True b. False Indicate whether the statement is true or false
The maximum out-of-pocket is the
A. amount of covered expense that an insurance company will have to pay before the individual pays anything. B. percentage of a covered expense that an individual will have to pay (after the deductible is met). C. percentage of a covered expense that an insurance company will have to pay (after the deductible is met). D. most of covered expense that an individual will have to pay during a year.
Which of the following is an example of a negative externality?
A. planting flowers in your front yard B. talking loudly when others are trying to study economics C. people donating money to charity D. a smoker getting lung cancer