The impact of technological change in the health care area has been to
A. increase the quality of health care while decreasing the costs.
B. increase both the quality of health care and the costs of health care.
C. reduce the quality of health care while raising the costs.
D. reduce the cost of health care.
Answer: B
You might also like to view...
Answer the following statement(s) true (T) or false (F)
1. A Cournot equilibrium arises when one player announces his strategy before the other. 2. The Stackelberg equilibrium of a sequential game must also be a Nash equilibrium. 3. In a sequential game, guaranteed commitment to a strategy will make a player worse off. 4. A merger between Gateway, a manufacturer of computers, and Logitech, a manufacturer of components for computers, would be an example of horizontal integration. 5. The Sherman Act of 1890 and the Clayton Act of 1914 gave courts the power to prevent mergers that reduce competition and provided clear criteria to apply in determining when a merger would do so.
Suppose there are five firms in the disposable diaper market. Hug-Me's share is 30 percent. Plumper's share is 30 percent. Drippy's share is 20 percent. Kool Kid's share is 10 percent. Nappomatic's share is 10 percent
The Herfindahl-Hirschman Index in this industry is A) 100. B) 900. C) 1,350. D) 2,400.
All of the following are examples of electronic funds EXCEPT
A) credit cards. B) debit cards. C) stored value cards. D) e-cash.
If demand deposits increase, the result is that
a. required reserves must increase b. the reserve ratio must increase c. all banks are "loaned up" d. the number of loans must decrease e. all banks are suffering a loss