In contrast to first-dollar insurance coverage, one concern about HMOs is that:
A. patients will receive more medical care than they need.
B. the price of medical care will be too low.
C. acute treatment will be overemphasized.
D. patients will not receive adequate medical care.
Answer: D
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In the United States, consumers, businesses, governments, and foreigners participate in both the product and factor markets.
Answer the following statement true (T) or false (F)
Which of the following people would be considered unemployed?
A. A young man who has recently received his Ph. B. A woman who has quit college to move to New York where she is looking for a modeling job C. A student who plans to look for a job after graduation D. A 55-year-old steel worker who was laid off 18 months ago and has given up trying to find a job E. but who is driving a taxi because of an inability to find a teaching job
Strategic behavior and game theory are features of which market structure?
A. monopolistic competition B. oligopoly C. monopoly D. perfect competition
In constructing the planned autonomous demand schedule, which two components are assumed to depend on the interest rate?
A) government expenditures and net exports B) government expenditures and net taxes C) autonomous consumption and autonomous planned investment D) autonomous consumption and net exports E) government expenditure and autonomous planned investment