Fuchs (1988) static model of cost savings provides little encouragement for the prospects of savings in medical care. He concludes our best chance for controlling costs may be
a. to limit input prices.
b. to improve efficiency in the production of medical care.
c. to reduce medical care utilization.
d. to increase the use of low-priced inputs and reduce the use of high-priced inputs.
e. all of the above are necessary according to Fuchs.
D
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What will be an ideal response?
How do changes in open market operations alter the monetary base, and how do changes in the monetary base translate to changes in the money supply?
If price exceeds average costs under pure competition, ____ firms will enter the industry, supply will ____, and price will be driven ____
a. more; decrease; down b. more; decrease; up c. more; increase; down d. more; increase; up e. none of the above
Which of the following is not included in a nation's balance of payments?
a. Imports and exports of services. b. International interest and dividend earnings. c. International real estate transactions. d. Changes in a nation's money supply due to a new required reserve ratio. e. All of the above are included in the balance of payments.