The economic problem with Medicare financing is that
A. there is a built-in incentive to consume more services.
B. there is a built-in incentive to travel to Canada to receive medical services.
C. there is a built-in incentive to provide fewer services by doctors.
D. the cost of providing services is falling annually.
Answer: A
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Refer to the information provided in Figure 13.9 below to answer the question(s) that follow. 
Figure 13.9 Refer to Figure 13.9. Ohio Edison would be willing to pay up to area ________ for rent-seeking activities to protect its monopoly power.
A. FGBC B. FAE C. FGBE D. BEC
For each watch Denmark produces, it gives up the opportunity to make 50 pounds of cheese. Germany can produce one watch for every 100 pounds of cheese it produces. Which of the following is true concerning comparative advantage between the two countries?
a. Denmark has the comparative advantage in watches and cheese. b. Germany has the comparative advantage in watches and cheese. c. Germany has the comparative advantage in watches. d. Denmark has the comparative advantage in watches. e. Denmark has the comparative advantage in cheese.