The top 25 most frequently used DRGs accounted for approximately _______ percent of all discharges under Medicare
a. 28
b. 38
c. 48
d. 58
e. 68
B
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The nominal price of milk was $2.25 in 1998 while the CPI was 163.0 that year. Also, the CPI in 1970 was 38.8. What was the real value of 1998 milk in terms of 1970 dollars?
What will be an ideal response?
Policymakers' attempts to use the Phillips curve to reduce the unemployment rate below the natural rate
A. will be successful if monetary policy is used. B. will be unsuccessful if monetary policy is used since monetary policy leads to higher prices. C. will be unsuccessful since workers' expectations adjust to attempts to reduce unemployment below the natural rate. D. will be successful since the Phillips curve shows the relationship between the inflation rate and the unemployment rate.
Refer to the data. The average fixed cost of producing 3 units of output is:
A. $8.
B. $7.40.
C. $5.50.
D. $6.
Refer to the table above. If the price level is 120, then the aggregate quantity demanded is ________ than the aggregate quantity supplied and the price level ________
A) greater; rises B) greater; falls C) less; rises D) less; falls E) less; might fall, rise or not change depending on whether real GDP is more than, less than, or equal to potential GDP.