Which of the following would encourage consumers to economize on health-care expenditures and producers to supply health-care services more efficiently?
a. an increase in out-of-pocket expenditures by health-care consumers
b. decreased reliance on personal Medical Savings Accounts and health-care expenditures from the accounts
c. decreased reliance on the purchase of catastrophic health insurance coverage and less reliance on insurance with first-dollar coverage and small co-payments
d. the establishment of a national health-care system that would provide coverage to all people
A
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Auditors working for a large accounting firm are often away from the office. When they are in the office, they are allowed to use any desk that is available. Which method is used to allocate desks?
A) lottery B) first-come, first-served C) command D) contest E) sharing equally
In the foreign exchange market, the quantity supplied of dollars is 600 whereas the quantity demanded of dollars is 400 results in a:
A) balance of payments surplus of 200. B) balance of payments deficit of 200. C) balance of payments surplus of -200. D) balance of payments deficit of -200.