Which public health care program is divided between "part A" and "part B"?
A. Medicaid
B. U.S. Health
C. WIC
D. Medicare
Answer: D
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Refer to Figure 29-1. Currency speculators believe that the value of the euro will increase relative to the dollar. Assuming all else remains constant, how would this be represented?
A) Supply would decrease, demand would increase and the economy moves from A to D to C. B) Supply would increase, demand would increase and the economy moves from D to A to B. C) Supply would decrease, demand would decrease and the economy moves from B to C to D. D) Supply would increase, demand would decrease and the economy moves from C to B to A.
Prisoners’ dilemma shows the struggle for oligopoly between which of the following?
a. Competition and market demand b. Competition and price setting c. Cooperation and competition d. Cooperation and price setting
Which of the following is a checkable deposit?
A) a NOW account B) a money market deposit account C) a certificate of deposit D) a savings account
The basic principles of economics suggest that
a. markets are seldom, if ever, a good way to organize economic activity. b. government should become involved in markets when trade between countries is involved. c. government should become involved in markets when those markets fail to produce efficient or fair outcomes. d. All of the above are correct.