________ account(s) for between 1 and 4 percent of health care costs in the United States
A) The aging population
B) Uninsured patients receiving treatments at hospital emergency rooms that could have been provided less expensively at doctor's offices
C) The payments to settle malpractice lawsuits and the premiums doctors pay for malpractice insurance
D) Advances in medical technology
Answer: B
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Average real wages have not risen significantly since approximately 1973
a. True b. False Indicate whether the statement is true or false
Which of the following best explains why productive workers can command high wages?
a. the bargaining power of labor unions. b. the presence of minimum wage legislation. c. wage and price controls that reflect the political power of labor organizations. d. competition among employers for productive workers.