In the United States in 2014, a majority of people received health care through
A) Medicaid. B) their employers.
C) individually purchased insurance policies. D) Medicare.
B
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Flexible exchange rates ________ of monetary policy to stabilize the economy and fixed exchange rates ________ of monetary policy to stabilize the economy.
A. offset the impact; reinforce the impact B. strengthen the ability; prevent the use C. prevent the use; strengthen the ability D. strengthen the impact; strengthen the impact
All other factors equal, if the costs of converting bonds and other financial securities to a means of payment increase:
A. it shouldn't impact the transactions demand for money. B. nominal interest rates should decrease. C. the transactions demand for money should increase. D. the transactions demand for money should decrease.
The trade balance is:
A. exports less imports. B. sum of imports and exports. C. imports less exports. D. total trade this year less total trade last year.
If a firm produces five chairs with marginal costs of $25, $30, $40, $55, and $75, respectively, and sells them for $80 each, what is the firm's total producer surplus?
A) $400 B) $225 C) $175 D) $150 E) $80