Decision-making is often mutually interdependent in an oligopolistic industry
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following activities is excluded from GDP, causing GDP to understate a nation's production?
A. The services of health care workers B. The services of military personnel C. Goods and services produced in the underground economy D. The construction of new buildings
In 2014, employees covered by company-provided health insurance paid ________ percent of the cost of their own health insurance
A) 3 B) 18 C) 37 D) 65
Refer to the information provided in Figure 17.1 below to answer the question(s) that follow. 
Figure 17.1 Refer to Figure 17.1. Dmitri has two job offers when he graduates from college. Dmitri views the offers as identical, except for the salary terms. The first offer is at a fixed annual salary of $40,000. The second offer is at a fixed salary of $20,000 plus a possible bonus of $40,000. Dmitri believes that he has a 50-50 chance of earning the bonus. Dmitri's expected value from the first job offer is ________ and is ________ from the second job offer.
A. $40,000; $50,000 B. $20,000; $40,000 C. $40,000; $40,000 D. $40,000; $60,000
One major difference between PPOs (preferred providers organizations) and HMOs (health maintenance organizations) is that:
A. PPOs set rates for various medical services or procedures, while HMOs allow their doctors and clinics to set their own rates B. PPOs seek to reduce health care costs by controlling prices, while HMOs seek to reduce costs by restricting quantity consumed C. HMOs employ their own physicians or contract for specialized services with outside providers, while PPOs have arrangements with a network of providers D. HMOs seek to reduce costs by capping the rates for various services, while PPOs seek to ration health care by having waiting periods