Author Question: A system of universal medical insurance would tend to ________ the ________ for medical services. ... (Read 80 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?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

For a complete list of videos, visit our video library