Should the government run the health care system?
What will be an ideal response?
Answer: Some members of Congress have proposed expanding the federal government's role in health care by adopting a system similar to the single-payer system used in Canada, under which the government would provide health care to all residents of the US
What role the federal government should paly in health care is a controversiial public policy issue
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Which of the following statements is true?
A) Technological innovation can cause wages to fall for some workers. B) Technological innovation increases wages for all workers in an economy. C) Technological innovation always leads to unemployment in the economy as a whole. D) Technological innovation reduces the demand for goods and services in an economy.
Scarcity can be eliminated through
A) the use of market mechanisms. B) exploration that helps us find new resources. C) wise use of our resources. D) None of the above because scarcity cannot be eliminated.