Charging higher prices for one category of patients in order to provide free or subsidized care to another group is called

a. price discrimination.
b. cost-shifting.
c. categorical costing.
d. reprehensible and unethical.
e. creative accounting.


B

Economics

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If the government adopts expansionary monetary policy during a recession, ________

A) tax rates increase B) government spending falls C) access to credit increases D) interest rates increase

Economics

When financial intermediaries deleverage, firms cannot fund investment opportunities resulting in

A) a contraction of economic activity. B) an economic boom. C) an increased opportunity for growth. D) a call for government regulation.

Economics

Suppose that each serving of Mac & Cheese costs $0.50 to make no matter how many servings are produced. This means that the price elasticity of supply for Mac & Cheese is ________ and the supply curve is ________.

A. infinite; perfectly elastic B. zero; perfectly elastic C. infinite; perfectly inelastic D. one; perfectly inelastic

Economics

Suppose the marginal product of labor is MPN = 200 - 0.5Nwhere N is aggregate employment. The aggregate quantity of labor supplied is 300 + 8w, where w is the real wage. What is the equilibrium real wage?

A. 5 B. 20 C. 10 D. 15

Economics