In the United States, out-of-pocket spending on health care as a percentage of all spending on health care has ________ since 1960
A) remained stable B) more than doubled
C) slowly risen D) steadily declined
D
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Empirical evidence indicates that higher real interest rates lead to ________ in savings.
A. modest decreases B. no change in C. substantial increases D. modest increases
Which of the following situations is clearly and unambiguously descriptive of a positive externality?
A. Jack feels better after his daily walk. B. Joriel studies harder than anyone in his class. C. Professor Gomez gave an unannounced quiz to her history class yesterday. D. The President of the United States yesterday signed a legislative act that is very popular in the country. E. none of the above
Cartels are unstable for each of the following reasons except which one?
A) entry by new firms B) the self-interest of each member C) barriers to entry D) the bargaining necessary to form a cartel
_________________ banks are examined by the Office of the Comptroller of the Currency.
Fill in the blank(s) with the appropriate word(s).