The health care market in the United States is characterized by

A) considerable government involvement.
B) third-party payment of health care costs.
C) asymmetric information between providers and consumers.
D) all of the above

D

Economics

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If a tariff is imposed on imports of shrimp into the United States, U.S. consumers ________ and the U.S. economy will ________

A) lose; gain B) decrease; lose C) gain; gain D) gain; lose E) gain; be unaffected

Economics

Nicole is indifferent between option A, which gives her $20,000 for sure, and option B, which gives her $10,000 with probability 0.5 or $32,000 with probability 0.5. Nicole's cost of risk for option B is

A) zero. B) $1,000. C) $2,000. D) $20,000.

Economics