In the 1980s, the federal government gradually ________ interest-rate ceiling on deposits at commercial banks and thrift institutions, which has ________ the costs of inflation

The presence of substitute goods will tend to make demand more

A) inelastic. B) unit elastic. C) elastic. D) vertical.

Many health economists believe that health-care reform will:

a. decrease demand for new, better, and more expensive medical advances. b. lower premiums for young adults c. eliminate private health insurance entirely. d. have a very limited effect on reducing government health-care expenditures.