In 2008, the state of Oregon used a lottery to extend Medicaid coverage to an additional 10,000 residents (often called the Oregon Experiment). Two years after enrollment, the lottery winners (the treatment group):
a. had lower overall health care spending.
b. experienced an increase in the probability of receiving a diagnosis of diabetes and the use of drugs to control the condition.
c. had significant improvement in their quality of life measured by blood pressure, cholesterol, and blood sugar levels.
d. had fewer emergency room visits than those who lost the lottery (the control group).
e. had lower predicted risk of cardiovascular episodes.
b. experienced an increase in the probability of receiving a diagnosis
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Kaitlyn and Larissa have formed a dog bathing and grooming business. The number of dogs they can bathe or groom in any given day is depicted in Table 2.1. As they groom more dogs, the opportunity cost of grooming additional dogs
A) rises. B) falls. C) remains constant. D) depends on the prices being charged.
What explains the nearly universal scope of the Great Depression?
What will be an ideal response?
The required return on equity for an individual stock includes which of the following?
A) systemic risk B) idiosyncratic risk C) risk-free interest rate D) all of the above
Say’s Law implies that
a. production generates income, which is all spent to purchase what was produced. b. demand creates its own supply. c. markets do not clear. d. demand determines real output.