The number of people receiving Medicare coverage is expected to ________ by the year 2025

Investment value is based on the __________________ of the individual investor, not the market value in general.

Fill in the blank(s) with the appropriate word(s).

With respect to labor supply, the substitution effect takes account of the point that at higher wage rates

A) a person can afford to take more leisure. B) leisure has become less expensive and so a person consumes less leisure. C) there are no factors inducing a person to work less. D) leisure has become more expensive and so a person consumes less leisure.