As the Medicare program is expanded to cover the cost of prescription drugs for the elderly, other things constant, this will lead to
a. an increase in demand and higher prices for prescription drugs.
b. an increase in demand and lower prices for prescription drugs.
c. reduction in demand and lower prices for prescription drugs.
d. reduction in demand and higher prices for prescription drugs.
A
Economics
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The country that did NOT opt out of the currency union is:
A) United Kingdom. B) Sweden. C) Denmark. D) Italy.
Economics
Refer to Table 19-7. Suppose that a simple economy produces only four goods and services: iPods, t-shirts, bottled water, and oranges. Calculate nominal GDP for this simple economy
What will be an ideal response?
Economics