In the United States in 2014, over 90 percent of people without health insurance were below the age of 35
Indicate whether the statement is true or false
FALSE
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To avoid subsidies, the government should cap the price for natural monopolies at their:
A. marginal cost. B. average total cost. C. average variable cost. D. fixed cost.
As the price level rises, the interest rate
a. falls, so the supply of dollars in the market for foreign currency exchange shifts left. b. falls, so the supply of dollars in the market for foreign currency exchange shifts right. c. rises, so the supply of dollars in the market for foreign currency exchange shifts left. d. rises, so the supply of dollars in the market for foreign currency exchange shifts right.
Individual consumers supply ________ and purchase ________.
A. intermediate goods; final goods and services B. final goods and services; factors of production C. factors of production; final goods and services D. national goods and services; factors of production
If Atlantis has an open economy, then it:
A. has a democratically elected government. B. does not trade with other countries. C. allows imports but not exports. D. trades with other countries.