In a simplified circular flow model with no government, in equilibrium, S = I + (X ? IM)

Some economists and policymakers who are in favor of government-provided health care believe that providing health care will generate

A) more adverse selection. B) additional moral hazard. C) positive externalities. D) greater asymmetric information.

Which of the following represents real GDP?

A) GDP in constant dollars B) GDP in terms of goods C) GDP in base year dollars D) all of the above