Health insurance plans which typically reimburse doctors mainly by paying ________ are known as health maintenance organizations

A) a fee for each individual service provided
B) a fee for each individual office visit
C) an escalating fee based on the number of patients being treated
D) a flat fee per patient

Answer: D

Economics

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Suppose Barbara looks out in the morning and sees a clear sky so decides that a picnic for lunch is a good idea. Last night the weather forecast included a 100% chance of rain by midday but Barbara did not watch the local news program

Is Barbara's prediction of good weather at lunch time rational? Why or why not?

Economics

Suppose that the production function is Y = AK0.7L0.3, the number of workers equals 800, the capital stock is $150,000, and total factor productivity is 3

What is the value of real GDP? What will happen to real GDP if total factor productivity doubles?

Economics