Compared to patients covered by conventional health insurance plans, patients in HMOs might receive fewer medical services because HMOs:
A. have legal protection from malpractice lawsuits.
B. receive a fixed annual fee regardless of the amount of medical services provided.
C. employ lower quality doctors.
D. save costs by purchasing lower quality medical equipment.
Answer: B
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Which point shows where the United States economy would have a 100 percent unemployment rate?
A. Point B
B. Point C
C. Point D
D. Point E
The ________ measure of money contains items that are not direct media of exchange, such as ________
A) M1, checkable deposits B) M1, savings certificates C) M2, checkable deposits D) M2, savings certificates
A six-month decline in GDP is known as a
A. depression. B. productivity increase. C. recession. D. trade deficit.
The ultimate role of the financial system of a country is to:
A. provide a place for wealthy households to save. B. facilitate production, employment, and consumption. C. be a low-cost source of funds for government. D. provide jobs in the financial sector.