A benefit of deductibles and health savings accounts is that they
A) reduce the moral hazard problem associated with third-party payers.
B) increase the quality of health care.
C) reduce the use of expensive techniques for hopeless cases.
D) reduce the incomes of physicians.
A
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Boeing Corporation and Airbus Industries are the only two producers of long-range commercial aircraft. This market is not perfectly competitive because:
A. Airbus cannot sell aircraft to the United States government. B. each company has annual sales over $10 billion. C.Airbus receives subsidies from the European Union. D. all of the above E. each company can significantly affect prices.
The Fed makes an open market operation purchase of $200,000. The currency drain ratio is 33.33 percent and the desired reserve ratio is 10 percent. By how much does the quantity of money increase?
A) $800,000 B) $333,333 C) $2,000,000 D) $615,416 E) $465,116