The largest component of GDP in the US is typically:
a. government purchases.
b. social securtity.
c. consumption.
d. investment.
e. net exports.
C
Economics
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Some health insurance companies pay only 70%-80% of the medical cost incurred by their customers. What is the reason for this?
What will be an ideal response?
Economics
If a tariff is imposed on imports of shrimp into the United States, U.S. producer surplus from shrimp will ________ and U.S. total surplus from shrimp will ________
A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease E) increase; not change
Economics