Managed care plans often use _______ to shift financial risk back onto providers.
a. practice guidelines
b. capitation
c. open panels
d. formularies
e. closed panels
b. capitation
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Wages in Baltonia are downwardly rigid. Which of the following will happen if a recession occurs in the country?
A) Employment will fall less than if wages were flexible. B) Unemployment will fall less than if wages were flexible. C) Employment will fall more than if wages were flexible. D) Unemployment will fall more than if wages were flexible.
When floods wiped out the banana crop in Central America, the equili-brium price of bananas ________ and the equilibrium quantity of bananas ________
A. rose; increased B. rose; decreased C. fell; increased D. fell; decreased
If the Fed sells bonds, the short run impact of this policy will tend to include: a. an increase in the inflation rate. b. a reduction in unemployment
c. an increase in real output. d. an increase in real interest rates.
Refer to the information provided in Table 33.3 below to answer the question(s) that follow. Table 33.3
Refer to Table 33.3. If the exchange rate is $1 = 3 euros, then
A. the United States will import both raspberries and chocolate. B. the United States will import chocolate and Belgium will import raspberries. C. the United States will import raspberries and Belgium will import chocolate. D. Belgium will import both raspberries and chocolate.