In the United States in 2014, the percentage of people without any form of health insurance was about
A) 10%. B) 29%. C) 64%. D) 83%.
A
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Which one of the following is least likely to influence the investment choices of decision makers?
a. the pure interest yield b. the expectation of profit c. the risk associated with the investment d. the general level of prices
Edward Chamberlin argued that governments should
a. ban the use of brand names. b. not enforce the trademarks that companies use to identify their products. c. vigorously enforce the trademarks that companies use to identify their products. d. tax companies whose products have brand names in proportion to how much consumers recognize their products.
Pepsi Co. and Coca Cola decide to merge. Which of the following antitrust acts are being violated?
A. Sherman Act B. Clayton Act C. Federal Trade Commission Act D. No Antitrust law is being violated
Answer the following statement true (T) or false (F)
1) The Securities and Exchange Commission's supervision of Wall Street financial firms is a possible example of regulatory capture. 2) Economists widely support deregulation of industries that tend toward monopoly or generate substantial negative externalities. 3) Deregulation is seen as a solution to regulatory capture because it eliminates the regulatory agency that can or has been captured. 4) Government loan guarantees tend to socialize gains and privatize losses. 5) Government guarantees that socialize losses and privatize gains tend to encourage risky and imprudent investment.