(Consider This) Subsidies to encourage hospitals and physicians to adopt electronic medical records have resulted in which of the following?
A. Improved care for a greater number of patients because of the efficiency gains.
B. Reduced health care costs because of the efficiency gains in record-keeping.
C. More patients seen but at a higher cost because of the high fixed cost of the recording devices.
D. Less care at higher costs as the extensive record-keeping process reduces efficiency.
Answer: D
You might also like to view...
If the government wants to regulate a natural monopoly, it will force the firm to set price equal to
A) average cost. B) marginal cost. C) marginal revenue. D) None of the above.
The measurement of economic growth cannot take into account
A) the service sector of an economy. B) productive activity in an economy. C) cultural aspects of life in a country. D) differences in inflation rates across countries.
An increase in domestic income is likely to cause a(n): a. increase in the exports and the net exports of the domestic country
b. increase in the imports of the domestic country and a decrease in its net exports. c. decrease in the exports and the net exports of the domestic country. d. decrease in the imports of the domestic country and an increase in its net exports.
Which of the following transactions does not take place in the markets for factors of production in the circular-flow diagram?
a. a landowner leases land to a farmer b. a farmer hires a teenager to help with harvest c. a construction company rents trucks for its business d. a woman buys corn for dinner