The two main types of managed care organizations are:
A. U.S. veterans' hospitals and university health clinics.
B. health maintenance organizations (HMOs) and private nursing homes.
C. health maintenance organizations (HMOs) and preferred provider organizations (PPOs).
D. preferred provider organizations (PPOs) and nonprofit hospitals.
Answer: C
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Any cost of negotiating or enforcing a contract is
a. an external cost. b. a private cost. c. a transaction cost. d. a side payment.
A British investor buys $40,000 worth of stocks in the U.S. stock market. For the U.S. we would predict ________.
A. aggregate demand will fall B. aggregate supply will rise C. aggregate demand will rise D. aggregate supply will fall
The time it takes to formulate a policy is known as:
A. fiscal policy. B. crowding out. C. inside lags. D. outside lags.
Booms or recessions in one country tend to be transmitted to other countries through international trade in goods and services.
Answer the following statement true (T) or false (F)