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31. other things being equal, a national health insurance program would a. decre

ID: 1205507 • Letter: 3

Question

31. other things being equal, a national health insurance program would

a. decrease demand for health care

b. decrease moral hazard

c. decrease total health care expenditures

d. reduce individual incentives to make decisions that promote better health

30.in an attempt to reduce the poverty rate, there had recently been a movement away from income maintence programs to

a. incorperating the Lorenz policy in decisions

b. encouraging people to get jobs

c. reducing the age a person can retire at

d. supplemental security income programs

25. what is typically the main cost of persuing a college degree?

a. books and supplies

b. tuition

c. room and board

d. income forgone by not working

22.union can induce a rise in equilibrium wages in a unionized industry by

a. reducing the marginal revenue product of firms employing union labor

b. successfully decreasing the demand for union labor

c.successfully increasing the demand for union labor

d. not striking

Explanation / Answer

Answers:

31). c. decrease total health care expenditures

30).d supplemental security income programs

25). d. income forgone by not working

22). successfully decreasing the demand for union labor

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