Singapore recently banned imports of Malaysian water guns, citing safety concerns. This is an example of:
A) administrative policies.
B) clinical privileges.
C) provider privileges.
D) clinical qualifications.
E) hospital by-laws.
Answer: A) administrative policies.
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Labor productivity can best be calculated as
A) real Gross Domestic Product (GDP) / Gross Domestic Product (GDP) price index. B) real Gross Domestic Product (GDP) / number of workers. C) number of workers / hours of work. D) real wages / hours of work.
Government spending is set by the federal authorities in such a way that aggregate supply just equals aggregate spending
a. True b. False Indicate whether the statement is true or false
If countries where wages are far lower than those in the U.S. manufacture similar but vastly cheaper products, then:
a. U.S. consumers will buy those cheaper products b. U.S. producers will lose customers c. There will be a downward pressure on U.S. wages, and reduced employment d. All of the above statements are true.
People on a fixed income are adversely affected by inflation.
a. true b. false