How have some patients been harmed by Medicare reimbursement caps?
A. They have had to wait too long for essential procedures.
B. They have had to undergo unnecessary procedures, so that the hospital can get a higher reimbursement amount.
C. They have been discharged from the hospital too soon, so that the hospital can cut costs.
D. They have been kept in the hospital too long, so that the hospital can get a higher reimbursement amount.
Answer: C
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To achieve long-run equilibrium in an economy with a recessionary gap, without the use of stabilization policy, the inflation rate must:
A. not change. B. increase. C. decrease. D. either increase or decrease depending on the relative shifts of AD and AS.
Over a given period, economic depreciation is the change in capital equipment's
A) output. B) market value. C) rate of return. D) cost of maintenance.
Changes in all of the following shift the LM curve except
a. the price level. b. income. c. the money supply. d. money demand. e. all of the above shift LM curve.
Suppose the population (age 16 and over) of Madagascar is 200 million; 9 million are unemployed, and 111 million hold jobs. Indicate the rate of unemployment and the employment/population ratio of Madagascar
a. The unemployment rate is 4.5 percent, and the employment/population ratio is 55.5 percent. b. The unemployment rate is 7.5 percent, and the employment/population ratio is 60 percent. c. The unemployment rate is 7.5 percent, and the employment/population ratio is 55.5 percent. d. The unemployment rate is 8.1 percent, and the employment/population ratio is 60 percent.