A prepaid hospital plan created by Baylor Hospital for a group of Dallas public school teachers in 1929 is considered the forerunner of what was later called:
a. Blue Shield.
b. the health maintenance organization.
c. major medical insurance.
d. managed care.
e. Blue Cross.
e. Blue Cross.
You might also like to view...
When interest rates in the U.S. decline, we can expect net capital outflow to:
A. increase. B. decrease. C. be unaffected. D. be zero.
Which of the following is incorrect?
A. As the price level falls, the demand for money declines, the interest rate declines, and interest-rate-sensitive spending increases. B. As the U.S. price level rises, U.S. goods become relatively more expensive so that U.S. exports fall and U.S. imports rise. C. Given aggregate demand, an increase in aggregate supply increases real output and, assuming downward-flexible prices, reduces the price level. D. When the price level increases, real balances increase and businesses and households find themselves wealthier and therefore increase their spending.
Under perfectly competitive conditions, marginal revenue is
a. greater than average revenue. b. equal to average revenue. c. less than average revenue. d. equal to the average variable cost.
Under most circumstances, a corporate firm will choose to use retained earnings as a way to finance its activities because
A. it carries a higher cost than issuing new shares of stock. B. there is less regulatory review when internal funds are used for financing. C. current stockholders experience the dilution of their share of stock. D. All of these alternatives are reasons that corporations prefer to use retained earnings.