Money only consists of coins, paper money, and checkable deposits.
Answer the following statement true (T) or false (F)
True
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Limit pricing is a strategy used by a firm to
A) deter entry. B) enhance short run profits. C) raise its prices. D) lower its costs.
Capitation
a. creates pressures to provide fewer services. b. is a fixed payment determined in advance to pay for all medically-necessary care. c. is the maximum allowable fee in a fee-for-service system. d. shifts financial risk onto patients. e. Both a and b are correct.
The more bowed the Lorenz curve, the
A. less accurate the Gini coefficient. B. less reliable the Gini coefficient as a measure of income distribution. C. lower the Gini coefficient. D. higher the Gini coefficient.
What reasons do monetarists give for downgrading the importance of fiscal policy relative to monetary policy?
What will be an ideal response?