Which factor will tend to increase the demand for health care?
A. An improvement in medical technology
B. A reduction in subsidies for Medicare
C. An increase in the productivity of physicians
D. An increase in the average age of the population
D. An increase in the average age of the population
Economics
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Potential output in an economy decreases as the supply of labor decreases or the capital stock increases
Indicate whether the statement is true or false
Economics
If Asian economies suffer a serious economic slump, U.S. net exports will
a. increase and AD will shift outward. b. increase and AD will shift inward. c. decrease and AD will shift inward. d. decrease and AD will shift outward.
Economics