In the United States in 2016, the percentage of people that directly purchased an individual or family health insurance policy from an insurance company was about

A) 2%.
B) 7%.
C) 17%.
D) 26%.

Answer: B

Economics

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Assuming perfect asset substitutability, can sterilized intervention by the central bank be effective? Please discuss

What will be an ideal response?

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When a person does not have to pay the full costs for using a scarce resource, then

A) the use of the resource is not affected since society pays for the resource. B) more of the resource will be used. C) the internal costs of using the resource are too high. D) the social costs of the resource are less than they would be if the "correct" amount of the resource were being used.

Economics