Which of the following is a demand factor in the market for health care?
A. The number of nurses graduating from universities
B. Productivity in the health care industry
C. Changes in medical technology
D. Physicians' treatment decisions
D. Physicians' treatment decisions
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If a payout is certain to occur, then the variance of that payout equals
A) zero. B) one. C) the expected value. D) the expected value squared.
A country undertakes a devaluation in order to:
A. increase its net exports. B. decrease its net exports. C. raise the value at which its currency is pegged. D. move to a flexible exchange rate system.
Some economists believe that one factor that caused the financial crisis of 2007-2009 was top managers of large financial services firms making riskier investments than were in the best interests of the firms' shareholders
Indicate whether the statement is true or false
How do car dealers help reduce adverse selection?
What will be an ideal response?