The diagnosis-related-group (DRG) system adopted by Medicare since 1983 has had the following effects, except:

A. Hospitals now receive a fixed payment for treating each patient

B. The average length of a hospital stay has increased

C. More patients are treated on an outpatient basis

D. Hospitals now have an incentive to restrict the amount of resources used for patients

B. The average length of a hospital stay has increased

Economics

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Which of the following led to a "bank jog" in Greece?

A) high unemployment B) high inflation C) speculation that Greece would abandon the euro D) the default of several Greek banks

Economics

In the above figure, the profit-maximizing monopolistically competitive firm will

A) make a profit of $24,000. B) make a profit of $30,000. C) make a profit of $0. D) incur a loss of $20,000.

Economics