Physicians who accept assignment on their Medicare patients
a. bill patients for 80 percent of the allowable fee.
b. agree to forego balance billing.
c. accept the allowable fee for all services.
d. agree to charge private insurance patients the same fees as Medicare patients.
e. Both b and c.
E
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Changes in aggregate spending not caused by changes in output or the inflation rate, also known as exogenous changes in spending, will shift the:
A. short-run aggregate supply curve. B. potential output line. C. aggregate demand curve. D. long-run aggregate supply curve.
A country cannot develop without a large natural resource base
a. True b. False Indicate whether the statement is true or false
The structure of the Social Security system is particularly advantageous to
a. blacks. b. those with life shortening diseases such as diabetes. c. groups with below average earnings and above average life expectancy. d. groups with above average earnings and below average life expectancy.
When there is an excess supply of money,
a. people will try to get rid of money causing interest rates to rise. Investment increases. b. people will try to get rid of money causing interest rates to fall. Investment decreases. c. people will try to get rid of money causing interest rates to fall. Investment increases. d. people will try to get rid of money causing interest rates to rise. Investment decreases.