Antidumping duties increase overall economic well-being in a country by protecting the domestic import-competing firms.

Which of the following statements is true concerning DRGs?

a. Soon after their implementation in 1983, the average length of stay in U.S. hospitals fell significantly. b. Hospital operating margins fell dramatically immediately after implementation of the program. c. The system encourages over-treatment of elderly patients. d. The system encourages physicians to over-diagnose. e. Both a and d are true.

When the MPC gets smaller, the spending multiplier:

a. gets larger. b. gets smaller. c. stays the same. d. gets smaller at low real GDP, and larger at high real GDP. e. gets larger at low real GDP, and smaller at high real GDP.