The members of the Federal Reserve Board of Governors serve:

Refer to Figure 4.1. A shift from S2 to S1 will result from which of the following?

A) an increase in expected future profits B) an increase in net exports C) a decrease in corporate taxes D) an increase in tax credits for savings

The above figure supports all of the following statements regarding health care EXCEPT

A) the demand for health care is insensitive to price changes; as the price goes up, so does the quantity demanded. B) if all medical expenses were paid for by third parties, the quantity demanded would increase tremendously. C) due to third party payments, patients demand a higher quantity of health care services per year. D) the lower the deductible, the greater is the quantity demanded of health care services per year.