By 2007 the deficit
a. was out of control and increased substantially soon thereafter.
b. seemed under control but increased substantially soon thereafter.
c. was out of control but decreased substantially soon thereafter.
d. seemed under control and decreased substantially soon thereafter.
b
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The concept quality-adjusted life year (QALY)
a. is a multidisciplinary approach to measuring health status. b. has little application to medical decision making. c. is used extensively in the U.S. to evaluate health care programs. d. is used extensively to evaluate medical care resource allocation within government-run programs on fixed budgets, especially in Europe. e. none of the above.
When a monopolist is producing the profit-maximizing rate of output, price is greater than the marginal cost of producing the last unit of output
Indicate whether the statement is true or false