The goal of Medicare is to

A) help the poor and indigent pay their hospital bills.
B) prevent poverty in urban cities.
C) subsidize medical expenses for the elderly.
D) subsidize costs incurred by doctors.


C

Economics

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An increase in labor productivity relates to

A) working harder over time. B) working longer over time. C) producing the same output with fewer labor hours. D) producing the same output with more labor hours.

Economics

If the real interest rate in the United States decreases, foreign investors will ________ their demand for U.S. dollars because they desire to ________ fewer U.S. financial assets

A) increase; buy B) increase; sell C) decrease; buy D) decrease; sell

Economics

If the Money Store earns a normal profit this year, its

a. economic profit is equal to its accounting profit b. economic profit is zero c. economic profit is equal to the average accounting profit in other industries d. accounting profit is zero e. accounting profit is less than its economic profit

Economics

An example of a lump-sum tax is a(n):

A. income tax. B. property tax. C. sales tax. D. head tax.

Economics