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    Economics Today Study Set 1
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    Exam 5: Public Spending and Public Choice
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    -Refer to the Above Figure
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-Refer to the Above Figure

Question 159

Question 159

Multiple Choice

  -Refer to the above figure. Medicare subsidies have increased the price of medical services to Ps. The perceived price on the part of consumers is A)  Ps. B)  P0. C)  Pd. D)  undetermined without more information.
-Refer to the above figure. Medicare subsidies have increased the price of medical services to Ps. The perceived price on the part of consumers is


A) Ps.
B) P0.
C) Pd.
D) undetermined without more information.

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