All of the following are reasons that health care costs have risen so much in the past few decades EXCEPT

A. third party payments.
B. higher imports.
C. the aging population.
D. new technologies.


Answer: B

Economics

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If Country A opens up their corn market to trade with the rest of the world and the global price of corn is higher than the equilibrium price of corn in Country A, then Country A will ________ corn, which will ________ consumer surplus, ________

producer surplus, and ________ total surplus. A) import; increase; decrease; increase B) import; decrease; increase; increase C) export; increase; decrease; increase D) export; decrease; increase; increase E) export; decrease; increase; decrease

Economics

Other things the same, technological progress raises the price level

a. True b. False Indicate whether the statement is true or false

Economics

There are race-based differences in income that cannot be explained by factors such as educational attainment and years of experience. Evidence of discrimination comes from audit studies, where otherwise similar white and minority candidates are sent to the same source to seek jobs, rent apartments, or apply for mortgage loans, and minority candidates are treated less favorably

Indicate whether the statement is true or false

Economics

Which of the following is NOT an example of moral hazard?

A. People take poor care of their health because they have health insurance. B. People drive recklessly because they have medical insurance. C. People don't lock their doors because they have theft insurance. D. All of these are examples of moral hazard.

Economics