The life cycle approach to health care puts people in the position of projecting how many resources they will need to pay for health care when they are old, a problem called the health care poverty problem.
Answer the following statement true (T) or false (F)
False
This is called the health care uncertainty problem.
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In an open economy with strong international trade, increases in government spending are likely to have an overall "crowding out" effect
Indicate whether the statement is true or false
Two candidates are running for election as mayors of New York City that was recently impacted by Superstorm Sandy. In their election platforms, both candidates supported spending very similar amounts on hurricane protection
This similarity is most likely the result of A) both candidates necessarily having the same preferences towards risk and protection. B) the Principle of Minimum Differentiation. C) both the candidates realize that hurricane protection is a public good. D) politicians only take efficiency into account and hence all candidates will suggest the efficient outcome.
Some countries win in international trade, while other countries lose
a. True b. False Indicate whether the statement is true or false
Relative to the first quarter of 2000, housing prices ________ in the United States between 2000 and 2009.
A. doubled B. increased by 150 percent C. decreased by 100 percent D. tripled