What would happen in the market for laser eye surgery if insurance companies started to cover a portion of the price of voluntary procedures?
A) Demand and supply will both increase.
B) Demand will increase, but this will not shift the supply curve.
C) Supply will increase, but this will not shift the demand curve.
D) Demand will increase and supply will decrease.
B
Economics
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A system by which firms assign their customers for collection purposes to regional banks that transfer funds to a central bank is known as:
A) A lock-box system B) A zero-balance account C) A wire transfer D) Concentration banking
Economics
If the consumption function is C = 120 +_.8(Y-T) in the basic Keynesian model, then in the government spending multiplier is:
a. 5. b. 4. c. 1.25. d. .8
Economics