The French respect individual freedoms even as they accept collective action to reach important national goals of social solidarity and equality. What has been the major cost of a government-run system in France?
a. The long waiting lists of expensive medical services.
b. The high out-of-pocket spending with over 90 percent of the population purchasing supplementary private insurance.
c. An erosion of the incomes of physicians relative to those of the average wage and salary worker.
d. An erosion of physician autonomy in making treatment decisions.
e. Both b and c are true.
E
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Most mutual funds are
A) no-load funds. B) load funds. C) large-load funds. D) small-load funds.
Which of the following is the most likely effect of lower apple juice prices on the price and quantity purchased of orange juice, a substitute product?
A. The price of orange juice will increase, and the quantity purchased will fall. B. The price of orange juice will fall, and the quantity purchased will increase. C. The price of orange juice will increase, and the quantity purchased will increase. D. The price of orange juice will fall, and the quantity purchased will fall.