Nations with single payer systems typically have
A. higher tax rates than exist in the U.S.
B. better access to high-tech medical solutions than in the U.S.
C. serious inequality in the access to basic care.
D. lower life expectancies than in the U.S.
Answer: A
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The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. What is the marginal social cost of producing the 250th pound of chocolate each day?
A) $625.00 per pound B) $2.50 per pound C) $1.00 per pound D) $0.50 per pound
In the United States in 2015, purchases of capital equipment, inventories, and structures represented approximately
a. 3 percent of GDP. b. 7 percent of GDP. c. 15 percent of GDP. d. 17 percent of GDP.
Which of the following led to the collapse of the Phillips curve?
A. Rightward shift in the demand for labor curve B. Leftward shift of the Phillips curve C. Leftward shift of the aggregate supply curve D. Rightward shift of the aggregate demand curve
Refer to the table above. The opportunity cost per dollar of value added in stitching shoes by workers in Eduland is ________
A) $0.25 B) $0.50 C) $2 D) $4