Exhibit 2.2 shows that healthcare spending rose from 12.5% in 2000
A. to 21.5% in 2016.
B. to 17.2% in 2016.
C. to 13.8% in 2016.
D. to 12.8% in 2016.
B. to 17.2% in 2016.
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A decrease in taxes would shift the:
A) aggregate demand curve rightward. B) aggregate demand curve leftward. C) aggregate supply curve rightward. D) aggregate supply curve leftward.
What are the Nash equilibrium strategies for Firm A and Firm B respectively?
a. Low, Low b. Low, High c. High, Low d. High, High
If the Consumer Price Index (CPI) increases from 100 to 125 and the nominal wage increases from $125 to $300, what is the change in the real wage?
a. +$175 b. +$300 c. +$125 d. +$115 e. -$175
Noah values his car at $10,000, and Emily values it at $14,000 . If Emily buys it from Noah for $11,000, which of the following is true?
a. Noah gains $1,000 of value, and Emily gains $3,000 of value. b. Noah gains $11,000 of value, and Emily loses $11,000 of value. c. Noah gains $10,000 of value, and Emily loses $14,000 of value. d. Noah and Emily both gain $11,000 of value.