One of the most serious weaknesses in the Medicare system is that

a. patients are not able to choose their own physicians.
b. the definition of an episode of illness is too restrictive.
c. it provides poor insurance coverage for unusually long hospital stays.
d. patients must pay a deductible every time they enter the hospital.
e. Part B is voluntary.

C

Economics

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Some economists believe that deficit spending can impose a burden on future generations. Which of the following does NOT explain the burden?

A) Investment will be crowded out by an increase in current consumption. B) Deficit spending that is allocated to purchases leads to long-term increases in real GDP. C) Future generations will have a smaller capital stock that will reduce their wealth. D) Future generations will have to be taxed at a higher rate.

Economics

What is financial economics? What are the most important investor preferences?

What will be an ideal response?

Economics