The above figure gives your budget line between CDs and magazines. Which combination of CDs and magazines are affordable?
A) combination a
B) combinations a, b, c, and d
C) combination c only
D) combinations b, c, and d
D
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Married couples with only one working spouse paying Social Security taxes will ______
a. receive less in benefits than a single individual with the same lifetime payments b. receive the same in benefits as a single individual with the same lifetime payments c. receive more in benefits than a single individual with the same lifetime payments d. receive more in cash benefits but less in health care benefits than a single individual with the same lifetime payments
Some policy makers have suggested that mandatory health insurance coverage would:
A. overcome adverse selection in the market for health insurance. B. help to reduce the cost of health care. C. keep premiums lower than if healthy people could opt out. D. All of these statements are true.