Economists who support market-based reforms for health care believe that increased competition among providers of health care would ________ costs and ________ economic efficiency

A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

Answer: C

Economics

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Suppose that the country of Pacifica sold its cars in Atlantica for less than it costs to produce the cars. Pacifica could be accused of

A) avoiding import quotas. B) increasing its gains from trade. C) dumping. D) engaging in learning-by-doing.

Economics

In the market for factors of production, firms earn income by selling factors of production to households

Indicate whether the statement is true or false

Economics