Explain how the concept of externalities helps in demarcating the boundaries between the roles of government and private sector in health and health care
What will be an ideal response?
Programs that show positive externalities (immunization, sanitation, insurance for the poor) are most likely candidates for public programs, while those whose benefits are largely private (treatment of non-infectious diseases) can be handled in the private sector.
Economics
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A person who has given up searching for work is called:
a. a discouraged worker. b. unemployed. c. frictionally unemployed. d. structurally unemployed.
Economics
When gasoline prices rose in the early 2000s, the demand for SUVs fell. An economist would predict that SUV prices would decline or at least not rise as quickly.
Answer the following statement true (T) or false (F)
Economics