Exam 4: Applications of Supply and Demand
Exam 1: Economics: the Study of Choice145 Questions
Exam 3: Demand and Supply251 Questions
Exam 4: Applications of Supply and Demand113 Questions
Exam 5: Macroeconomics: the Big Picture145 Questions
Exam 6: Measuring Total Output and Income161 Questions
Exam 7: Aggregate Demand and Aggregate Supply166 Questions
Exam 8: Economic Growth136 Questions
Exam 9: The Nature and Creation of Money224 Questions
Exam 10: Financial Markets and the Economy175 Questions
Exam 11: Monetary Policy and the Fed178 Questions
Exam 12: Government and Fiscal Policy177 Questions
Exam 13: Consumption and the Aggregate Expenditures Model219 Questions
Exam 14: Investment and Economic Activity138 Questions
Exam 15: Net Exports and International Finance199 Questions
Exam 16: Inflation and Unemployment132 Questions
Exam 17: A Brief History of Macroeconomic Thought and Policy123 Questions
Exam 18: Inequality, Poverty, and Discrimination140 Questions
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Use the following to answer questions .
Exhibit: The Market for Health Care
-(Exhibit: The Market for Health Care) Suppose insurance lowers the price consumers pay to P2. Compared to the situation without insurance, this would:

(Multiple Choice)
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A price that the government guarantees farmers will receive for a particular crop is a(n):
(Multiple Choice)
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An area of concern in the provision of health care in the United States is that:
(Multiple Choice)
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What are the basic provisions of the Affordable Health Care Act of 2010?
(Essay)
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Over the last few decades government has decreased its participation in health care.
(True/False)
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In the last 30 years, the costs of health care have _______ as a percentage of U.S. output.
(Multiple Choice)
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Which of the following statements concerning insurance for health-care services is true?
(Multiple Choice)
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According to the textbook, which of the following are suggestions to limit health-care spending?
(Multiple Choice)
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Use the following to answer questions .
Exhibit: The Market for Health Care
-(Exhibit: The Market for Health Care) The quantity Q2 is available at price:

(Multiple Choice)
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According to the Case in Point on corn, which of the following is a criticism that has been raised of government spending in support of corn-based ethanol?
(Multiple Choice)
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According to the textbook, much of the discussion about the health-care "problem" in the United States has focused on:
(Multiple Choice)
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Despite the "Great Recession" that began in 2007, oil prices rose in that same year. Why would we expect oil prices to fall and in this case why did they increase?
(Short Answer)
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As discussed in the Case in Point on Arab spring and oil markets, after the official start of the recession in the U.S. in 2007, oil prices:
(Multiple Choice)
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