Health care improvements often don't happen because:
A. they are too expensive to have any significant impact.
B. national health insurance only exists in highly developed countries, like the U.S.
C. doctors in government clinics have no incentive to practice good medicine.
D. home remedies and traditional medicine are generally more expensive.
C. doctors in government clinics have no incentive to practice good medicine.
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The expansion of governmental direct controls over the economy which characterized the "New Frontier" and "Great Society" programs of the Kennedy-Johnson years was continued and expanded by the Nixon Administration
Indicate whether the statement is true or false
Which of the following ways to recruit soldiers utilizes incentives?
A. waging a war on another country B. a draft C. universal service D. higher salaries
The labor force includes people who i. are less than 16 years of age. ii. are in institutions. iii. are actively seeking a job but do not have a job
A) i only B) i and iii C) i and ii D) iii only E) i, ii, and iii
When supply and demand for a product decrease simultaneously, we
A) can predict that both equilibrium price and quantity will increase. B) can predict that both equilibrium price and quantity will decrease. C) cannot predict equilibrium price, but know that equilibrium quantity will decrease. D) cannot predict the change in either the equilibrium quantity or equilibrium price.