Some policy makers would like us to believe several myths about employer-sponsored insurance. Which of the following statement is not a myth, but true?
a. Under ESI, employers pay the health insurance premium.
b. Like all business expenses, employers pass on the cost of ESI to customers as higher prices and workers as lower wages.
c. Employer mandates lead to the creation of more higher-paying jobs in the service sector of the economy.
d. Health benefits are a free employee benefit under ESI.
b. Like all business expenses, employers pass on the cost of ESI to customers as higher prices and workers as lower wages.
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You have decided that you are going to consume 600 calories of beer and snacks at a party Saturday night. A beer has 150 calories and a snack has 75 calories
a. Create a table that shows the various combinations of beer and snacks you can consume. To keep things simple, use only round numbers (e.g., you could choose 1 or 2 beers but not 1.5 beers). b. What is the opportunity cost of a beer?
The forecasting technique which attempts to forecast short-run changes and makes use of economic indicators known as leading, coincident or lagging indicators is known as:
a. econometric technique b. time-series forecasting c. opinion polling d. barometric technique e. judgment forecasting