All of the following are reasons that health care costs have risen so much in the past few decades EXCEPT
A) the aging population.
B) higher imports.
C) new technologies.
D) third party payments.
Answer: B
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The reforms introduced by Congress in the 1930s led to:
A. the Great Crash. B. relative financial stability for over 70 years. C. a further decline that lasted for 25 years. D. the Great Depression to be worse than it needed to be.
Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
The aggregate demand curve is downward sloping because of the
A. real balance effect. B. interest rate effect. C. foreign purchases effect. D. all of the options are correct.
You have a contract with someone who has agreed to pay you $20,000 in four years. She offers to pay you now instead. For which of the following interest rates and payments would you take the money today?
a. 8 percent, $15,000 b. 7 percent, $16,000 c. 6 percent, $17,000 d. All of the above are correct.