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.

D

Economics

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In the figure above, the difference in wage rate between low-skilled and high-skilled labor is

A) $16. B) $8. C) $20. D) $28.

Economics

Which of the following is not a tool the Fed uses to manage the money supply?

A) open market operations B) setting the discount rate C) setting reserve requirements for deposits in the banking system D) expanding and contracting deposit insurance

Economics