If too many high risk policyholders migrate to a comprehensive health insurance plan which covers a wide range of treatments, the price of a policy must increase
Indicate whether the statement is true or false
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If the marginal cost of producing vanity license plates is virtually zero (by prison inmates with little else to do), then states would maximize their profits on plate sales at the point on a linear demand curve where
a. demand is inelastic. b. demand is elastic. c. demand is unit elastic. d. the demand curve crosses the horizontal axis.
According to a study by economists Raymond Fisman and Edward Miguel, as the level of corruption in a country increases,
A) so does the size of the country?s population. B) so does the number of parking violations by the country?s United Nations delegates. C) the levels of foreign direct investment and foreign portfolio investment decrease. D) the levels of real GDP per capita and real income per capita increase.