Altogether, total health care spending per person in the United States is
A) about $3,600.
B) over $8,000.
C) roughly $26,000.
D) about $50,000.
B
You might also like to view...
The Fed buys $20,000 of government securities. The desired reserve ratio is 5 percent and the currency drain ratio is zero. What will be the change in the quantity of money?
A) $400,000 B) $20,000 C) $19,000 D) $5,000 E) $399,980
The value of an additional baker to a bakery is equal to the
A) price of bread. B) value of marginal product of the baker. C) baker's marginal productivity in terms of loaves of bread. D) marginal cost of making an additional loaf of bread.
Answer the following statements true (T) or false (F)
1. The Glass Steag all Act was passed in 1932 to prevent ruinous competition in the banking industry. 2. The Financial Services Modernization Act of 1999 seeks to restrict competition between insurance companies and banks. 3. The Financial Services Modernization Act of 1999 is likely to result in fewer financial institutions. 4. Electronic transfers now account for nearly 90 percent of the dollar value of all transactions in the United States. 5. Cash transactions account for about 20 percent of the value of transactions. 6. Stored value and smart cards are forms of electronic banking.
Expansionary open market operations (OMO) by a nations's Central Bank (CB) refers to:
A) The purchase of government bonds (Treasury securities) by a nation's CB in a primary market transaction. B) The purchase of government bonds (Treasury securities) by a nation's CB in a secondary market transaction. C) The selling of government bonds (Treasury securities) by a nation's CB in a primary market transaction. D) The selling of government bonds (Treasury securities) by a nation's CB in a secondary market transaction. 1. B and D Conly 2. B only 3. D only 4. C only