Which set of changes is definitely predicted to raise Real GDP in the short run?
A) Wealth increases and there is an adverse supply shock.
B) Individuals expect higher (future) incomes and wage rates fall.
C) Business taxes rise and wage rates fall.
D) The U.S. dollar appreciates and there is a beneficial supply shock.
E) none of the above
B
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The three concepts of optimal capacity utilization are:
a. optimal plant size for a given output rate b. optimal cost of manufacturing c. optimal plant size d. optimal output for a given plant size e. all of these except b f. all of these except c
Capitation
a. creates pressures to provide fewer services. b. is a fixed payment determined in advance to pay for all medically-necessary care. c. is the maximum allowable fee in a fee-for-service system. d. shifts financial risk onto patients. e. Both a and b are correct.