Which of the following is incorrect? During the Great Recession U.S:
a. Wealth fell.
b. Unemployment duration rose.
c. Monetary base fell.
d. Inflation fell.
e. All of the above are correct.
.C
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Assume that the demand for paper products increases. Then, we expect that the
a. demand for trees will also increase. b. demand for trees will stay the same. c. demand for trees will decrease. d. effect on the demand for trees is uncertain; it depends on the elasticity of the demand for paper.
________ account(s) for between 1 and 4 percent of health care costs in the United States
A) The aging population B) Uninsured patients receiving treatments at hospital emergency rooms that could have been provided less expensively at doctor's offices C) The payments to settle malpractice lawsuits and the premiums doctors pay for malpractice insurance D) Advances in medical technology