Rising healthcare costs are attributable to
A) people living longer and desiring more care.
B) reliance on expensive technology to support and prolong life.
C) third-party financing of healthcare costs.
D) all of the above
D
You might also like to view...
Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward
Refer to Figure 27-11. In the graph above, the shift from AD1 to AD2 represents the total change in aggregate demand. If government purchases increased by $50 billion, then the distance from point A to point B ________ $50 billion
A) may be greater than or less than B) would be less than C) would be greater than D) would be equal to
If the government imposes a price floor at $10 (i.e. the price must be $10 or higher) in the above market, how many goods will be traded?
a. Four b. Five c. Six d. Seven
If income decreases, the budget constraint will shift in but the slope will remain the same
a. True b. False