One of the main differences between PPOs and HMOs is that:

A. HMO physicians charge on a traditional fee-for-service basis, while PPO physicians do not.
B. HMOs are usually for-profit organizations, whereas PPOs are not.
C. PPOs employ their own doctors, whereas HMOs do not.
D. PPO physicians charge on a traditional fee-for-service basis, while HMOs do not.

Answer: D

Economics

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Assume that the central bank sells government securities in the open market. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the real risk-free interest rate and GDP Price Index in the context of the Three-Sector-Model? State your answer after the macroeconomic system returns to complete equilibrium

a. The real risk-free interest rate rises and GDP Price Index rises. b. The real risk-free interest rate falls and GDP Price Index falls. c. The real risk-free interest rate rises and GDP Price Index falls. d. The real risk-free interest rate and GDP Price Index remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.

Economics