Hospitals had limited incentives to reduce readmissions prior to the ACA.
a. true
b. false
a. true
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If the velocity of money is completely insensitive to changes in the rate of interest, the
A) LM curve will be horizontal. B) LM curve will be vertical. C) IS curve will be horizontal. D) IS curve will be vertical.
Economists define the change in national income that is generated by a change in investment as
a. the marginal propensity to invest b. the investment multiplier c. the saving multiplier d. the income multiplier e. autonomous investment
Following an expansionary monetary policy, we would expect lower interest rates, dollar
A. depreciation, and an increase in the current account deficit. B. depreciation, and a decrease in the current account deficit. C. appreciation, and an increase in the current account deficit. D. appreciation, and a decrease in the current account deficit.
Refer to the information provided in Table 30.1 below to answer the question(s) that follow.
Table 30.1
Refer to Table 30.1. What is the real wage rate in 2014 using 2016 as the base year?
A. $6.00 B. $6.84 C. $11.40 D. $13.30