Since the 1930s, out-of-pocket payments for health care have
A) declined from about 50 to 30 percent of total payments.
B) declined from about 95 to 20 percent of total payments.
C) declined from about 70 to 30 percent of total payments.
D) not changed and remain at 70 percent of total payments.
B
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A flexible or floating exchange rate system is one in which the:
a. government closely monitors and controls the value due to the impact on trade flows. b. government makes no attempt to fix it against any base currency. c. government actively tries to achieve fluctuations in the rate. d. government fixes the rate against the currency of its largest trading partner.
The real interest rate rises:
a. When society, as a whole, is less willing to give up consumption today for consumption in the future. b. When society, as a whole, is more willing to give up consumption today for consumption in the future. c. When expected inflation rises. It has nothing to do with whether or not a society is more or less willing to give up consumption today for tomorrow. d. When expected inflation falls. It has nothing to do with whether a society is more or less willing to give up consumption today for tomorrow.