Based on the graph showing the type of health insurance and coverage status in the United States in 2016, the smallest percentage of people are covered by ______ plans.
a. direct purchase
b. military health care
c. Medicare
d. employment-based
b. military health care
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Net exports of goods and services increase when
A) exports of goods and services decrease and imports of goods and services do not change. B) consumption expenditure increases. C) exports of goods and services increase and imports of goods and services do not change. D) consumption expenditure decreases. E) imports of goods and services increase and exports of goods and services do not change.
Excess reserves are
A) desired reserves minus actual reserves. B) required reserves minus actual reserves. C) liquidity funds minus actual reserves. D) actual reserves minus desired reserves.
At the market clearing price
A) there is neither a shortage nor a surplus. B) quantity supplied equals quantity demanded. C) the supply and demand curves intersect. D) all of the above are correct.
Taxation can promote good social policy while minimizing economic inefficiency
a. True b. False Indicate whether the statement is true or false