The maximum out-of-pocket is the
A. amount of covered expense that an insurance company will have to pay before the individual pays anything.
B. percentage of a covered expense that an individual will have to pay (after the deductible is met).
C. percentage of a covered expense that an insurance company will have to pay (after the deductible is met).
D. most of covered expense that an individual will have to pay during a year.
Answer: D
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The difference between a tariff and a quota is that the tariff revenue goes to the
A) domestic government. B) holder of the quota license. C) foreign government. D) domestic consumer. E) domestic producer.
According to Keynesians, __________ monetary policy will not remove the economy from a(an) __________ gap if __________
A) contractionary; recessionary; investment is interest-insensitive B) expansionary; recessionary; the economy is in the liquidity trap C) expansionary; inflationary; investment is interest-insensitive D) contractionary; inflationary; the economy has been in the inflationary gap for more than one year E) none of the above
Figure 10-2
At which point in is the economy experiencing an economic recession?
a.
J
b.
I
c.
F
d.
H
The idea behind antitrust legislation is to
A) promote competition in the market. B) justify deregulation of industries. C) implement contestable markets. D) create larger firms.