In the United States, consumers usually pay less than the true cost of medical treatment because of
A) adverse selection. B) rising insurance premiums.
C) rising insurance deductibles. D) third-party payers.
D
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Monetarists believe that the type of monetary policy that would lead to greater economic stability is
A) a money supply rule. B) a constant money supply. C) a counter-cyclical monetary policy. D) a pro-cyclical monetary policy.
Assume that the central bank purchases government securities in the open market. If the nation has highly mobile international capital markets and a flexible exchange rate system, what happens to the quantity of real loanable funds per time period and GDP Price Index in the context of the Three-Sector-Model?
a. The quantity of real loanable funds per time period and GDP Price Index remain the same. b. The quantity of real loanable funds per time period rises, and GDP Price Index falls. c. The quantity of real loanable funds per time period rises, and GDP Price Index rises. d. The quantity of real loanable funds per time period falls, and GDP Price Index falls. e. There is not enough information to determine what happens to these two macroeconomic variables.