Which of the following should help reduce the adverse selection problem?
A) the employer mandate provision of the Affordable Care Act
B) the individual mandate provision of the Affordable Care Act
C) keeping high-risk and low-risk individuals in the same health insurance pool
D) all of the above
D
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Refer to the table above. Maximum social surplus is:
A) $10. B) $12. C) $14. D) $16.
The self-correcting tendency of the economy means that falling inflation eventually eliminates:
A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.
Refer to the graphs shown. The consequences of improved technology combined with an increase in the number of consumers can best be illustrated by:
A. a. B. b. C. c. D. d.
Using the ZZ/Y and NX graphs, illustrate graphically and explain what effect a reduction in taxes will have on output, exports, imports, and net exports. Clearly label all curves and clearly label the initial and final equilibria
What will be an ideal response?