One way the Canadian system lowers costs is by rationing expensive procedures
a. True b. False
a
You might also like to view...
Floating exchange rates
A. float according to the laws of supply and demand. B. are fixed by speculators in foreign exchange markets. C. are rarely used in foreign exchange transactions. D. All of the choices are true characteristics.
The above figure shows the utility of wealth curve for a homeowner whose only possession is a $50,000 house. If there is a 20 percent chance that the home could be completely destroyed, would this homeowner buy insurance?
A) No, because the homeowner is not risk averse. B) Yes, at any price because the homeowner is risk averse. C) Yes, but only if it costs less than $10,000. D) Yes, but only if it costs less than $20,000.
Transfer payments are income that is
a. earned but not received. b. received but not spent. c. spent but not earned. d. received but not earned.
The most far-reaching aspect of globalization in the past two decades has been in
a. financial flows. b. export levels. c. import levels. d. human rights advances.