Insurance creates an incentive for people to consume more health care, and this helps to reduce the moral hazard problem
Indicate whether the statement is true or false
FALSE
Economics
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The curve that shows the relationship between net exports and the real exchange rate is:
A) upward sloping. B) horizontal. C) downward sloping. D) vertical.
Economics
A state lottery has a Million Dollar Lottery game that pays $1,000 a week for life. Assuming a 6% nominal rate of interest and generously assuming an infinite lifetime, can this game be called a "Million Dollar Lottery"?
What will be an ideal response?
Economics