All of the following have contributed to rising medical care costs EXCEPT
A. rapid technological progress.
B. increasing occurrences of expensive communicable disease.
C. the aging of the population.
D. third parties paying for most medical expenses.
Answer: B
You might also like to view...
The Eurodollar market is an alternative way for __________ to lend or borrow
A) governments B) corporations C) banks D) pension plans
When a worker learns how to use a new business-related software program, this is an example of investing in:
A. the stock market. B. research and development C. human capital. D. physical capital.
Which of the following is not among the first steps the textbook recommends be taken to reduce negative externalities?
A) Adjudication
B) More scientific research
C) Negotiation
D) The cultivation of civic virtues
A firm in a perfectly competitive industry produces its profit-maximizing quantity, 40 units. Industry price is $3, total fixed costs are $45, and total variable costs are $60. The firm's economic profit is
A. $15. B. $30. C. $35. D. $60.