What would happen in the market for knee replacement surgery if insurance companies started to cover a smaller portion of the cost of the surgery?
A) Supply will decrease, but this will not shift the demand curve.
B) Demand will decrease and supply will increase.
C) Demand and supply will both decrease.
D) Demand will decrease, but this will not shift the supply curve.
D
Economics
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Using the one-period valuation model, assuming a year-end dividend of $0.11, an expected sales price of $110, and a required rate of return of 10%, the current price of the stock would be
A) $110.11. B) $121.12. C) $100.10. D) $100.11
Economics
If the federal funds rate is __________ the equilibrium interest rate, banks would try to __________ in the federal funds market
A) above; borrow B) below; lend C) below; borrow D) None of the above.
Economics