An individual wanting the most liquid asset possible will hold

An economy with an expansionary gap will, in the absence of stabilization policy, eventually experience a(n) ________ in the inflation rate, leading to a(n) ________ in output.

A. decrease; increase B. increase; increase C. decrease; decrease D. increase; decrease

According to the text, the allocation of scarce health care resources should be:

A. based on the willingness to pay of the recipient of the care. B. determined by weighing marginal costs and marginal benefits. C. determined by length of time on a waiting list. D. based on the degree of suffering of the recipient of the care.