What of the following would most likely cause the movement from S 1 to S 2 ?
a. A country reduces its armed forces, releasing many people into the work force.
b. Rapidly spiraling medical costs force many seniors to return to work after they retire.
c. A small town collectively wins a mega-million lottery, and its citizens divide the prize
money.
d. People move into a state from a neighboring state that has high taxes and corrupt
officials.
c. A small town collectively wins a mega-million lottery, and its citizens divide the prize
money.
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A prepaid hospital plan created by BaylorHospital for a group of Dallas public school teachers in 1929 is considered the forerunner of what was later called
a. managed care. b. Blue Cross. c. Blue Shield. d. the health maintenance organization. e. major medical insurance.
The employment-population ratio is
a. percentage of the population unemployed b. percentage of the population employed c. the same as the unemployment rate d. always greater than 1 e. percentage of the population employed by the private sector.
Individuals face scarcity; whole societies do not
a. True b. False Indicate whether the statement is true or false
Which of the following is graphed as a horizontal line across levels of real GDP in the aggregate expenditures model?
A. the saving schedule B. the investment schedule C. the investment demand curve D. the consumption schedule