In the United States in 2016, of those companies employing more than 200 workers that offer health care to those workers, ________ of employees accept the coverage
A) about 10 percent
B) roughly 36 percent
C) fewer than two-thirds
D) almost 98 percent
Answer: C
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A manager bidding in an auction with independent private values for a large piece of industrial equipment has estimated that the expected profit from the equipment is $10 million. If the manager is indifferent about the uncertainty surrounding the expected profit of the equipment, the manager is ________ and the manager's value of the truck is ________.
A) risk averse; $10 million B) risk neutral; $10 million C) risk averse; less than $10 million D) risk neutral; less than $10 million
The primary reason conglomerate mergers are the most difficult to attack under the antitrust laws is that
a. these mergers always involve a domestic firm and a foreign firm b. these mergers always involve the largest corporations in the United States c. there is no statute the government can use to attack them in court d. these mergers do not increase concentration in any market e. these mergers are always beneficial
An outcome that can result from either a price ceiling or a price floor is
a. an enhancement of efficiency. b. undesirable rationing mechanisms. c. a surplus. d. a shortage.
Of the following high-income countries, which has the highest female life expectancy at age 65?
A) Canada B) Japan C) the United Kingdom D) the United States