The distinction between public health problems and private health problems becomes blurred when _____
a. externalities are positive
b. preferences are quasi-linear
c. health insurance is unavailable
d. health care spending is from public coffers
d
Economics
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The concept that increases in spending cause larger increases in equilibrium GDP is known as the
a. profiler. b. mystifier. c. multiplier. d. depreciator.
Economics
In the above figure, when this monopolistically competitive firm produces its profit-maximizing output, it sets a per-unit price of
A. $13. B. $10. C. $8. D. $11.
Economics