Which of the following will not cause a shift in the medical care supply curve?
a. a change in the cost of medical school tuition.
b. a change in the percentage of the population with health insurance.
c. an change in the amount of student aid available to promising undergraduate students studying biology.
d. A change in the number of high-profile medical malpractice lawsuits brought against physicians increasing the premiums on malpractice insurance.
e. A wave of union activity that increases the average salaries of nurses nationwide.
B
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A measure of growth in the standard of living is the growth in
A) population. B) real GDP minus the growth in population. C) real GDP. D) employment. E) population minus the growth in real GDP.
Club goods differ from pure private goods in that
A) club goods are nonexcludable while pure private goods are excludable. B) club goods are excludable while pure private goods are nonexcludable. C) club goods are nonrival while pure private goods are rival. D) club goods are nonexcludable while pure private goods are excludable.