In 2013, the average child who was eligible for Medicaid cost the government
A. $4,211.
B. $2,807.
C. $938.
D. more than the average cost of all Medicaid recipients.
Answer: B
Economics
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Suppose you observed firms' inventory stocks drop by $100 billion. If you knew that aggregate expenditure was $3,000 billion, what would GDP be?
a. $3,000 billion b. $2,000 billion c. $2,900 billion d. $1,000 billion e. $3,100 billion
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A perfectly competitive firm is a “price maker.”
Answer the following statement true (T) or false (F)
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