For part A coverage of Medicare, the patient pays a deductible approximately equal to the cost of the first day in the hospital; Medicare pays
a. for days 2-30.
b. for days 2-60
c. for days 2-90.
d. for the remainder of the hospital stay, however long it may be
B
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An intertemporal budget constraint
A. requires an endowment point. B. requires time to remain constant. C. has no endowment point. D. requires time to move in a loop.
More enjoyable professions tend to enjoy compensating wage differentials
a. True b. False
Refer to the accompanying figure.
In the figure, which interval represents a business cycle expansion?
A. B to D B. B to C C. A to C D. A to B
If you observe that Event A happens before Event B happens, and you erroneously conclude that Event A caused Event B, you would be guilty of an error called the
A. fallacy of logic. B. post hoc, ergo propter hoc fallacy. C. fallacy of ceteris paribus. D. fallacy of inductive reasoning.