Author Question: A system of universal medical insurance would tend to ________ the ________ for medical services. ... (Read 147 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
A system of universal medical insurance would tend to ________ the ________ for medical services.
 
  A) increase; elasticity of demand
  B) decrease; elasticity of demand
  C) decrease; quantity demanded
  D) decrease; non-monetary payments

Question 2

In part, microeconomics is concerned with
 
  A) how a business firm decides upon the amount it produces and the price it sets.
  B) changes in the economy's total output of goods and services over long periods of time.
  C) factors that explain changes in the unemployment rate over time.
  D) the Federal Reserve's policy decisions.



covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library