Author Question: Which of the following is a free good? A) Elderly health care, which is covered by Medicare B) ... (Read 69 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
Which of the following is a free good?
 
  A) Elderly health care, which is covered by Medicare
  B) Health care for the poor, which is covered by Medicaid
  C) Higher education in Georgia, which is paid for by lottery revenue
  D) All of the above.
  E) None of the above.

Question 2

Refer to the figure above. If the economy of Barylia opens up to free trade, then which of the following statements is true?
 
  A) Barylia will start importing calculators.
  B) Barylia will start exporting calculators.
  C) Domestic consumers will purchase a greater quantity of calculators than before.
  D) The production and purchase of calculators within Barylia will remain the same as before.



Athena23

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

E

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

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?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

For a complete list of videos, visit our video library