Kaiser-Permanente, the nation's largest health maintenance organization, was founded
a. to provide cost-effective medical care to Kaiser employees.
b. to provide access to medical care to Kaiser workers in remote locations where medical services were in short supply.
c. to slow the rate of growth in medical spending for Kaiser employees.
d. as a group-model HMO.
e. as a network-model HMO.
B
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An increase in the money wage rate
A) increases the long-run aggregate supply. B) decreases the long-run aggregate supply. C) increases the short-run aggregate supply. D) decreases the short-run aggregate supply.
The NBER's Business Cycle Dating Committee defines a recession as at least two consecutive quarters of falling real GDP
Indicate whether the statement is true or false
If the fluctuations in the economy’s real growth rate from year to year are caused primarily by variations in the rate at which aggregate demand increases, then data would show the
A. worst recession occurs when output expands most rapidly. B. slowest inflation occurs when output expands most rapidly. C. slowest economic growth occurs when output grows most rapidly. D. most rapid inflation occurs when output expands most rapidly.
In the long run in a monopolistically competitive market, a firm will, in theory,
A) earn economic profits. B) suffer losses. C) break even. D) earn zero accounting profits.