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arsen [322]
3 years ago
10

Subsidizing medical services through medicare

Business
1 answer:
Alexus [3.1K]3 years ago
6 0
I think the correct answer is E. Subsidizing medical services through medicare would make medical services available to a large percentage of the population, who otherwise could not afford them and it would drive a wedge between the price received by providers and the price perceived by consumers. Medicare is the United States' health insurance for older people and those with disabilities. 
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Credit card A offers an introductory APR of 3.4% for the first 3 months and a standard apr of 15.7% thereafter, while credit car
Liula [17]

Incomplete question. However, I answered based on the information.

Explanation:

We can determine which Credit card is best in terms of its interest rate by comparing both rates monthly:

Credit card A

<u>APR for the First 3 months:</u>

4.1% / 360 days = 0.009% x 30 = <u>0.27% </u>per month for the first 3 months.

<u>APR for Next 9 months:</u>

15.7% / 360 days = 0.04361% x 30 = <u>1.308% </u>per month for the next 9 months.

Credit card B:

<u>APR the First 3 months</u>

4.2% / 360 days = 0.011% x 30 = 0.33% per month for the first 3 months

<u>Next 9 months:</u>

15.5% / 360 = 0.04305% x 30 = <u>1.291%</u> per month for the next 9 months

Hence, we can conclude,

  • For the first 3 months, Credit Card A is best because it offers lower interest charges.
  • For the next 9 months, Credit Card B is best because it offers lower interest charges.

7 0
3 years ago
Read 2 more answers
A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximum of $600 for the television
kotykmax [81]

Answer:

D. Economic value created.    

Explanation:

The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.

Following is the formula for calculation of economic value created:

Economic Value Created = Value customer willing to pay   -  Cost of product

Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:

Economic Value Created = $600 - $400 = $200

So the correct option is option D.

5 0
3 years ago
Policies related to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred co
Zolol [24]

Policies related to setting interest rates, management of money supply, and the buying/selling of treasury bonds are referred collectively as <u>Monetary policy</u>

Monetary policy is primarily involved with the management of interest rates and the total pool of money in circulation and is generally taken out by central banks, such as the U.S. Federal Reserve.

<h3>What is monetary policy and fiscal policy?</h3>

Monetary policy refers to central bank activities that are headed toward influencing the amount of money and credit in an economy. By contrast, fiscal policy guides to the government's decisions about tax and spending. Both monetary and fiscal policies are used to control economic activity over time

To learn more about Monetary policy, refer

brainly.com/question/13926715

#SPJ4

8 0
2 years ago
Question 1 of 10
Lisa [10]

C. price index

is the correct answer to the questions

Question 1 of 10

A. is a measure of change in the prices of goods from one period to

another

A. sanction

B. quota

оо O

C. price index

D. subsidy

SUBMIT

3 0
3 years ago
Read 2 more answers
firm purchased copper pipes a few years ago at ​$10 per pipe and stored​ them, using them only as the need arises. The firm coul
Lostsunrise [7]

Answer:

The opportunity cost of each pipe and what is the sunk​ cost is $77 and $67 per pipe respectively.

Explanation:

Opportunity cost: The opportunity cost is that cost which is incurred to choose the best options with the available options.

Sunk cost: The sunk cost is that cost which is not recovered in the future. Its other name is the past cost. It does not help to make future decisions as if it is incurred then it cannot be recovered again

So, the opportunity would be the current price i.e $77

And, the sunk cost is $67 per pipe ($77 - $10)

7 0
3 years ago
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