What is one alternative to the PPACA that has been proposed?
What will be an ideal response?
One alternative to the PPACA would be some system of health care that raises the percentage of health care spending that comes directly from the consumer rather than from private insurers. Examples of such programs are found in the State of Indiana and in Singapore.
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Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as
A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting downward C. Aggregate demand shifting rightward D. Aggregate demand shifting leftward
A nation's market-risk premium rises if:
a. The volatility (e.g., standard deviation) of expected inflation rises. b. The average expected inflation rate rises. c. Security maturities lengthen. d. All of the above.
Based on these graphs, if a tax cut has a small effect on the SRAS but a large effect on AD, ______.
a. the price level will increase
b. RGDP will not change
c. RGDP will decrease
d. the price level will decrease
Specialized investments:
A. cause managers to shirk. B. are equally valuable in any productive use. C. result in relationship-specific exchange. D. make spot exchange efficient.