When the economy slows down and national income falls, the government will have ________ tax revenue to fund programs

A) about the same B) a rapid increase in C) more D) less

D

Economics

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Of the following, the most rapid rise in health care costs in the United States can be attributed to

A) the cost of malpractice lawsuit settlements. B) the cost of malpractice insurance. C) the cost to treat uninsured patients. D) slow growth in labor productivity in health care.

Economics

Refer to Figure 3-8. The graph in this figure illustrates an initial competitive equilibrium in the market for motorcycles at the intersection of D2 and S2 (point E)

If the technology to produce motorcycles improves and the number of buyers increases, how will the equilibrium point change? A) The equilibrium point will move from E to C. B) The equilibrium point will move from E to A. C) The equilibrium point will remain at E. D) The equilibrium point will move from E to B.

Economics