Studies and recent experience suggest that there is considerable potential for substitution between doctors and nurses in the production of health care services

If a paper manufacturer does NOT bear the entire cost of the dioxin it emits, what will it do?

a) It will emit lower levels of dioxin than is socially efficient. b) It will emit higher levels of dioxin than is socially efficient. c) It will emit an acceptable level of dioxin. d) It will not emit any dioxin in an attempt to avoid paying the entire cost.

An expansionary monetary policy may be frustrated if the:

A. demand-for-money curve shifts to the left. B. investment-demand curve shifts to the left. C. saving schedule shifts downward. D. investment-demand curve shifts to the right.