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The Diagnosis-related Groups System is a prospective payment system used by Medicare to reimburse physicians for medical care. Is this statement false? if so why?
Business Economics, Economics
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In your opinion, if the government imposes unit sales tax (i.e. $ tax per unit sold) on a product, will the market equilibrium change? Which one, demand or supply will shift? Increase or decrease? Will new tax cause "dis ...
In a population of Ph.D students 50% have paid assistant ships. A random sample of n=200 students are chosen. What is the expected number of students who have paid assistant ships in this sample?
Should we be renegotiating NAFTA? yes or no? If it is renegotiated, should it be replaced? What reasons would make it better in your point of view? What is the best argument you can make why NAFTA should or should not be ...
Suppose the price level and value of the U.S. Dollar in year 1 are 1 and $1, respectively. a. If the price level rises to 1.15 in year 2, what is the new value of the dollar? b. If, instead, the price level falls to 0 ...
Assume that the hypothetical economy of Mo has 8 workers in year 1, each working 1,500 hours per year (50 weeks at 30 hours per week). The total input of labor is 12,000 hours. Productivity (average real output per hour ...
There are 100 identical firms in a perfectly competitive industry. Market demand is given by -200P +8000. If each firm has a marginal cost curve, MC = .4 q + 4. What is the firm's supply curve? What is market supply? Wha ...
Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900. a. In the table provided below, calculate and enter either the interest rate that the bond would yi ...
What are the key principles and tenets that any educated person should know regarding the science of economics and their applicability in the world today?
Couriers such as UPS and FedEx complete on service and price. One way to reduce cost is to keep labor cost low by hiring and laying off workers to meet the demand. This strategy requires managers to hire and train new wo ...
Determine the sample size needed to construct a 90?% confidence interval to estimate the average GPA for the student population at a college with a margin of error equal to 0.5. Assume the standard deviation of the GPA f ...
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