Some insurance companies have teamed with hospitals and doctors to provide discounts for their services. The lists of cooperating doctors and hospitals are known as:
A. Health maintenance organizations
B. Preferred provider organizations
C. Diagnosis-related-groups
D. Health alliances
B. Preferred provider organizations
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The unemployment rate is equal to
A) (number of unemployed people ÷ number of employed) × 100. B) (number of employed people ÷ labor force) × 100. C) (number of unemployed people ÷ labor force) × 100. D) (number of unemployed people ÷ working-age population) × 100. E) (labor force ÷ population) × 100.
__________ are most likely to raise the eyebrows of antitrust officials while ______ are not
a. Price discriminators; predatory pricers b. Conglomerate mergers; vertical mergers c. Horizontal mergers; conglomerate mergers d. Low Herfindahl-Hirschman indices; high Herfindahl-Hirschman indices e. Patent sales; patent purchases
Discuss in detail the three things mentioned in the text that the Federal Reserve did to deal with the 2007-2009 financial crisis
Production costs are likely to rise after an average-cost pricing policy is mandated because the monopolist will:
A. increase output. B. decrease output. C. engage in new and inventive production methods. D. have no incentive to control costs.