The marginal dollar cost to a patient of visiting a doctor when the patient's bill will be paid entirely by insurance is
A) the same as if the patient had no insurance.
B) the value of the care not received by some other patient who couldn't get an appointment.
C) zero.
D) zero only if the patient does not pay the insurance premiums.
C
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Dumping is the practice of
a. selling a lower quality product abroad b. selling a commodity abroad at a price lower than the domestic price c. selling a commodity abroad at a price higher than the domestic price d. flooding a foreign market with large quantities of a good e. most less-developed countries but not industrialized countries
When banks hold excess reserves because they don't see good lending opportunities, _____
a. contractionary monetary policy is negatively affected b. expansionary monetary policy is negatively affected c. expansionary monetary policy is unaffected d. contractionary monetary policy is unaffected