A move from one point on a contract curve to another point on the contract curve will make
A) both individuals better off.
B) both individuals worse off.
C) one individual better off and the other individual worse off.
D) the goods more expensive.
C
You might also like to view...
When demand is perfectly inelastic, an increase in price will
A) leave total revenue unchanged. B) increase total revenue. C) decrease total revenue. D) either increase total revenue or decrease total revenue, but it is impossible to tell which.
Which of the following was a cause of the savings and loan crisis that occurred in the 1980s?
a. the increasing rates of inflation throughout the 1970s b. savings and loans investing in high-risk ventures including real estate projects c. government deregulation in the 1980s d. all of the above
The highest interest rates in the world are found in countries
a. that have followed a monetary policy that is highly restrictive. b. with governments that have run large budget surpluses. c. with governments that have run sizable budget deficits. d. that have followed an expansionary monetary policy that resulted in high rates of inflation.
Capitated payments:
a. shift financial risk onto patients. b. are the maximum allowable fees in a fee-for-service system. c. are charges that providers include in bills sent to insurance companies. d. create incentives to provide fewer services. e. pay for all medically necessary care.