Most Americans receive their health care:
a. as a consequence of military service.
b. from Medicare.
c. from employer based insurance.
d. by direct purchase.
Ans: c. from employer based insurance.
Economics
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Refer to the scenario above. Which of the following will hold true if Elly is known to be vengeful?
A) A Nash equilibrium will occur. B) Multiple equilibria will occur. C) There will be no Nash equilibrium. D) A socially inefficient equilibrium will occur.
Economics
If workers demand and receive higher real wages (a successful wage push), the cost of production ________ and the short-run aggregate supply curve shifts ________
A) rises; leftward B) rises; rightward C) falls; leftward D) falls; rightward
Economics