Author Question: A system of universal medical insurance would tend to ________ the ________ for medical services. ... (Read 144 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?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library