A single payer system in the United States would
A. likely fail because no other nations have tried it.
B. decrease availability of health care services to those who are currently uninsured.
C. likely increase the waiting time for certain procedures.
D. necessitate a tax cut.
Answer: C
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Employers often end up laying off more workers during a recession due to ________
A) higher corporate taxes B) flexible wages C) tight monetary policy D) downwardly rigid wages
Some nations avoid the effects of trade deflection in a trade bloc by enforcing
A) trade deflection. B) trade diversion. C) quotas. D) rules of origin.
If the cost of capital is 5% then the net present value of the investment is
a. $6,020.41 b. $7,380.95 c. -$7,380.95 d. $10,000
Oligopoly is about the ____________ and monopolistic competition is about the ______________.
A. number of firms; variety of products B. variety of products; barriers to entry C. barriers to entry; number of firms D. variety of products; number of firms