Which of the following is a factor that would increase the demand for physician visits for allergies?
A. An increase in pollen
B. A reduction in the copay from $25 to $20
C. An increase in the price of over-the-counter allergy medicines
D. All of the above
D. All of the above
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Recent proposals to allow the Social Security trust fund to invest in the stock market (instead of buying government bonds) are based on the premise that
A) the returns to stocks are higher than the returns to bonds. B) the returns to stocks aren't as risky as the returns to bonds. C) the transactions costs for investing in stocks are lower than the transactions costs for investing in bonds. D) stocks are more liquid than bonds.
Since people respond to incentives, we would expect that, if the average salary of accountants increases by 50% while the average salary of teachers increases by 20%, then
a.fewer students will take degree courses in accounting and more will take education courses. b.fewer students will take degree courses in education and more will take accounting courses. c.fewer students will attend university. d.none of these answers.
Compared to most other industrialized nations, the United States has greater income inequality.
Answer the following statement true (T) or false (F)
the amount of additional aggregate demand needed to achieve full employment after allowing for price-level changes
What will be an ideal response?