Author Question: ________ tended to increase spending on health care in the United States. A) The aging of the ... (Read 96 times)

dalyningkenk · **on:** Jun 29, 2018

________ tended to increase spending on health care in the United States.

A) The aging of the U.S. population, rather than advances in medical technology, has
B) Advances in medical technology, rather than the aging of the U.S. population, has
C) Neither the aging of the U.S. population, nor advances in medical technology, have
D) The aging of the U.S. population, as well as advances in medical technology, have

Question 2

If the demand for letters written by Abraham Lincoln is higher than the demand for letters written by John Wilkes Booth, what would have to be true for the market equilibrium prices for these letters to be equal?

A) The supply of Lincoln letters would have to be less than the supply of Booth letters.
B) The supply of Lincoln letters and the supply of Booth letters would have to be equal.
C) If the demand for Lincoln letters is greater than the demand for Booth letters, the market equilibrium price for Lincoln letters will always be greater than the market equilibrium price for Booth letters.
D) The supply of Booth letters would have to be less than the supply of Lincoln letters.