An economic argument in favor of providing medical care through HMOs is that they:
A. reduce incentives for providing unnecessary or excessive care.
B. reduce the probability of patients filing a malpractice claim.
C. reduce the cost of seeing a specialist.
D. increase provision of care to the sickest patients.
Answer: A
You might also like to view...
According to the household liquidity effect, higher stock prices lead to increased consumption expenditures because consumers
A) feel more secure about their financial position. B) want to sell stocks and spend the proceeds before stock prices fall. C) believe that their wages will increase due to increased profitability of firms. D) can now afford more expensive imports.
Which of the following transactions would be included in this year's GDP for the United States?
a. You buy a rug imported from Mexico. b. You buy stock in an American textile company. c. You purchase a table over the Internet from a North Carolina furniture manufacturer. d. You purchase a table over the Internet from a Mexican manufacturer.
A positive consumption externality occurs when;
a. When jack receives a benefit from john's consumption of a certain good b. When jack receives personal benefit from his own consumption of a certain good c. When jack benefits exceed johns benefits wo............ d. When jack consumes of a good is not beneficial to john
Constant dollars are
A. the same as current dollars. B. when an individual does not receive a cost of living increase. C. what nominal GDP is measured in. D. dollars corrected for general price level changes.