Based on the graph showing U.S. health care expenditures as a percentage of GDP, during which period did health care expenditures remain fairly steady?
a. 2000 to 2006
b. 2006 to 2009
c. 2009 to 2013
d. 2013 to 2016
c. 2009 to 2013
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If the economy is operating below its full employment level, the Fed can
A) increase aggregate supply by raising the price level. B) increase aggregate demand by selling bonds and raising interest rates. C) increase aggregate demand by stimulating the demand for money. D) increase aggregate demand by increasing the rate of growth of the money supply.
Which of the following lists has variables that all shift a good's demand curve?
A) price of the good, preferences, prices of substitution goods, income B) income, preferences, number of buyers, price of complementary good C) expectation of future price, price of the good, number of buyers, income D) Both answers A and B are correct.
Tom & Jerry are running Hanna Barbera's lemonade stand as two profit centers. Tom makes the lemonade while Jerry sells it. Jerry argues that Tom is transferring the lemonade to him priced too high, which forces him to charge the customers a high price, losing sales. Who is making the bad decision?
a. Tom b. Jerry c. Hanna Barbera d. None of them
If the real interest rate in the United States decreases, foreign investors will ________ their demand for U.S. dollars because they desire to ________ fewer U.S. financial assets
A) increase; buy B) increase; sell C) decrease; buy D) decrease; sell