The dominant factor affecting medical care delivery and finance in the 1980s was

The dominant factor affecting medical care delivery and finance in the 1980s was
 a. the Hill-Burton Act.
  b. prospective payment for hospitals.
  c. creation of Medicare and Medicaid.
  d. the explosive growth of managed care.
  e. ERISA.

QUESTION 2

If the prices of all goods increase by the same proportion as income, the quantity demanded of good X will
 a. decrease.
  b. increase.
  c. remain unchanged.
  d. change in a way that cannot be determined from the information given.

QUESTION 3

The advantages of the U-Form of firm organization is
 a. workers develop a high degree of functional expertise
  b. information can be easily shared between similarly trained employees within units
  c. evaluating employees is easier because managers typically are similarly trained
  d. all of the above

QUESTION 4

The dominant factor affecting medical care delivery and finance in the 1960s was
 a. the Hill-Burton Act.
  b. prospective payment for hospitals.
  c. thecreation of Medicare and Medicaid.
  d. the explosive growth of managed care.
  e. the passage of ERISA.

QUESTION 5

If a good is inferior and its price decreases,
 a. the income effect will be positive and the substitution effect will be positive.
  b. the income effect will be negative and the substitution effect will be negative.
  c. the income effect will be positive and the substitution effect will be negative.
  d. the income effect will be negative and the substitution effect will be positive.

QUESTION 6

The M-Form of corporate organization
 a. organizes employees along the functions or tasks that they perform
  b. organizes employees along the customer types that they serve
  c. organizes employees along individual projects that arise
  d. organizes employees into softball teams

QUESTION 7

In the 19th century hospitals had notorious reputationsquestionable places to visit, risky places to stay. What advances changed all this?
 a. Development of the germ theory of disease.
  b. Advances in medical technology.
  c. Availability of health insurance to pay the bills.
  d. All of the above.