The first country to require standardized cost-effectiveness analysis before a pharmaceutical drug would be approved for distribution and reimbursement was:
a. France.
b. the UK.
c. Norway.
d. Australia.
e. Sweden.
d. Australia.
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Which firm has higher fixed costs?
a. Jim's Production b. Competitor c. They both have the same fixed costs d. Need more information
Unemployment is a lagging indicator because:
A. employers wait to see how bad a recession looks before making the difficult decision to lay off workers. B. employers wait to see how solid a recovery looks before committing to take on new employees. C. firms may first try to decrease or increase the hours of existing employees before changing levels of employment. D. All of these are reasons that make unemployment a lagging indicator.
The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of about 600 households, called the Current Population Survey
a. True b. False Indicate whether the statement is true or false
A financial intermediary is
A. a firm that specializes in borrowing funds from savers and lending those funds to investors. B. publicly owned but managed in the public interest. C. a firm that regulates the money supply. D. All of the choices are true of a financial intermediary.