Federal tax legislation makes it cheaper for individuals and families to pay for health care
a. by purchasing an insurance policy through their employer rather than paying for it directly with their own money.
b. by purchasing an insurance policy through their employer rather than directly purchasing health insurance from the company of their choice.
c. directly rather than through an insurance policy offered through their employer.
d. by both a and b above.
D
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The supply curve is the same as another curve. What other curve is the same as the supply curve? Why are the curves the same?
What will be an ideal response?
A frim wishing to acquire a monopoly position would be willing to spend an amount up to its anticipated monopoly profit in rent-seeking activities
a. True b. False
The expectation of a lower inflation rate will cause: a. the short-run Phillips curve to become vertical
b. the short-run Phillips curve to shift leftward. c. a movement down along a short-run Phillips curve. d. the short-run Phillips curve to shift rightward.
Under normal circumstances, the equilibrium compensation wage differential is the wage differential that exactly attracts the
A. marginal worker into the labor market. B. average high-skilled worker into a low-skill job. C. average worker into a regular job. D. marginal worker into a risky job. E. average worker into a less risky job.