Health insurance plans which typically reimburse doctors mainly by paying a flat fee per patient are known as
A) fee-for-service plans. B) single-health-payer systems.
C) preferred provider organizations. D) health maintenance organizations.
D
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Why might a country seek to protect an industry, even when the benefits are greatly outweighed by the cost?
What will be an ideal response?
Public goods, when left to the private market will be:
A. undersupplied. B. over consumed. C. under consumed. D. oversupplied.
The long-run supply curve is downward sloping in a(n)
a. decreasing-cost industry b. increasing-cost industry c. constant-cost industry d. labor-intensive industry e. capital-intensive industry
According to Keynes, aggregate supply and aggregate demand will be equal only if
A. savings equals investment. B. savings exceeds investment. C. investment is larger than savings in the economy. D. is not related to the relationship between savings and investment.