Tag: Economics – Others

1.In what year, Medicaid expansion under the Affordable Care Act went into effect in the majority of states?
Option A2010
Option B2012
Option C2014
Option D2016

The maximum value the Herfindahl Index (HHI) can take is q, which occurs when q, firm(s) are in the indestry.

Under Obamacare, the requirement that every American purchase health insurance or face a tax penalty is known as what?
Medicare
Medicaid
SCHIP
individual mandate

Multiple Choice
faces high fixed costs and high marginal costs.
may be a natural monopoly.
experiences diseconomies of scale.
operates in a contestable industry.

suppose you notice that the equilbrium price and quantity of chicken breast, a normal good, have fallen over time. which situation could explain this change

Multiple Choice
change in income that is not spent.
change in income that is spent.
given total income that is not consumed.
given total income that is consumed.

A market movement of salaries of 10% in the United States might occur for the following reason:low inflationfinancial crisishigh influtionrecovering economy

Mousey Mike gets a gain of 5 and Bratty Brad loses 5. If they get along, no one gets anything. What would be the Nash equilibrium of this simultaneous game?

Which of the following states in America is the leader of coastal tourism, in terms of dollars spent?Group of answer choicesCaliforniaHawaiiFloridaNew Jersey
California
Hawaii
Florida
New Jersey

An increase in home country money demand will shift the:
LM curve to the right.
LM curve to the left.
IS curve to the right.
FE curve to the right.