The federal government and insurance companies are examples of third party
A) payers for health care.
B) users of health care.
C) providers of health care.
D) observers of health care.
Answer: A
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Which of the following is a cause of higher birth rates in developing countries?
a. Children are viewed as a source of farm labor b. Children are viewed as economic and social security as the parents age c. Higher child mortality rates engender higher birth rates d. All the answers are correct e. None of the answers is correct
Which of the following would count as an investment expenditure in the GDP expenditures approach?
a. General Motors hires 10 electrical engineers. b. Boeing purchases a new metal stretching machine used to produce airplane wings. c. Ms. Quantum buys 100 shares of Microsoft stock. d. A large corporation spends $10,000 per month on long-distance phone charges.
In an open Economy with Government, which statement describes aggregate demand (AD or AE)?
(a) AE = C + I + G + NX. (b) AE=C+I+(G-T)+(X-M). (c) AE = C + I + G + (X-M) + T. (d) AE = C + G + X.
When output rises, unemployment also rises.
a. true b. false