The main purpose of HMOs and PPOs is to:
A. reduce health care costs for employers and their employees.
B. reduce medical malpractice suits.
C. enable groups of physicians to increase their fees.
D. direct patients to specialists rather than to more expensive primary-care physicians.
Answer: A
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Sally Campbell is a homemaker. Last week, she was busy with her normal household chores when she was visited by the BLS and asked to describe her working status. She explained what she did and the BLS recorded her as being
a. a member of the labor force who is temporarily unemployed b. a member of the labor force who chooses not to be employed c. a member of the labor force who is underemployed d. a discouraged worker who is not a member of the labor force e. not a member of the labor force
The present day value of all net margins earned from a relationship with a customer is called ____________.
a. Customer Lifetime Value b. Value Profit Index c. Opportunity cost d. Customer Value
John Maynard Keynes drew many economists ______________ the classical view. The classical view held that a market economy __________ regulate itself to avoid long periods of excessive unemployment
A) toward; can B) toward; cannot C) away from; can D) away from; cannot
________ provide an incentive for invention and innovation.
A. Network effects B. Patents C. Economies of scale D. Natural monopolies