Ebay's use of "bidding agents" will
a. effectively turn an English auction into a Vickery auction
b. effectively turn a Vickery auction into an English auction
c. decide how much to shade your bid for you
d. make you a more aggressive bidder
a
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When the 2010 Patient Protection and Affordable Care Act is fully implemented, it will
a. require employers with 50 or more employees to provide approved health insurance for their employees or pay a $2000 fine annually for each full-time employee. b. expand the supply of doctors and other medical services. c. require all members of Congress and congressional staff employees to purchase their health insurance through the government operated exchanges. d. make it legal for individuals to purchase health insurance from an insurer in another state.
Using Figure 1 above, if the aggregate demand curve shifts from AD2 to AD3 the result in the short run would be:
A. P1 and Y2. B. P2 and Y3. C. P3 and Y1. D. P2 and Y2.