11) GDP is best defined as the ________ in a given time period. A) number of goods and services produced within a country B) number of final goods and services produced within a country C) market value of the final goods and services produced within a country D) market value of the final goods and services consumed by a nation’s citizens E) market […]
14.5 Summing Up: Four Market Structures 1) Which of the following is a difference between a perfectly competitive market and a monopoly? A) There are huge barriers to entry in a perfectly competitive market while there are no barriers to entry in a monopoly. B) The sellers in a perfectly competitive market are price-makers while a seller in a monopoly market is a price-taker. […]
151.AU.S.Treasurybondisa a.storeofvalueandcommonmediumofexchange. b.storeofvalue,butnotacommonmediumofexchange. c.acommonmediumofexchange,butnotastoreofvalue. d.neitherastoreofvaluenoracommonmediumofexchange. 152.Amutualfund a.isafinancialmarketwheresmallfirmsmutuallyagreetosellstocksandbondstoraisefunds. b.isfundssetasidebylocalgovernmentstolendtosmallfirmswhowanttoinvestinprojectsthataremutuallybeneficialtothefirmandcommunity. c.sellsstocksandbondsonbehalfofsmallandlessknownfirmswhowouldotherwisehavetopayhighinteresttoobtaincredit. d.isaninstitutionthatsellssharestothepublicandusestheproceedstobuyaselectionofvarioustypesofstocks,bonds,orbothstocksandbonds. 153.Mutualfunds a.providediversification.Shareholdersassumealloftheriskassociatedwiththemutualfund. b.providediversification.Governmentinsuranceeliminatestheriskofmutualfundshareholders. c.donotprovidediversification.Shareholdersassumealloftheriskassociatedwiththemutualfund d.donotprovidediversification.Governmentinsuranceeliminatestheriskofmutualfundshareholders. 154.Theprimaryadvantageofmutualfundsisthatthey a.alwaysprovidethehighestreturn. b.alwaysallowpeopleto“beatthemarket.” c.allowpeopletodiversifyandreducerisk. d.allowpeopletodiversify,whichincreasesriskandreturn. 155.Itisclaimedthatmutualfundshavetwoadvantages.Thefirstisthatmutualfundsallowpeoplewithsmallamountsofmoneytodiversify.Thesecondisthatmutualfundsprovidetheskillsofprofessionalmoneymanagerswhobuystockstheybelievewillbethemostprofitableandtherebyincreasethereturnthatmutualfunddepositorsearnontheirsavings. a.Economistsstronglyagreewithbothclaims. b.Economistsareskepticalofbothclaims. c.Economistsareskepticalofthefirstclaim,butstronglyagreewiththesecond. d.Economistsstronglyagreewiththefirstclaim,butareskepticalofthesecond. 156.Theprimaryadvantageofmutualfundsisthatthey a.alwaysmakeareturnthat”beatsthemarket.” b.allowpeoplewithsmallamountsofmoneytodiversify. c.providecustomerswithamediumofexchange. d.Alloftheabovearecorrect. 157.Theoldadage,“Don’tputallyoureggsinonebasket,”isverysimilartoamodernbitofadviceconcerningfinancialmatters: a.“Buylowriskbonds.” b.“Useamediumofexchange.” c.“Diversify.” d.“Intermediate.” 158.Asamoneymanagementfee,mutualfundsusuallychargetheircustomers a.between0.5and2.0percentofassetseachyear. b.between1.5and3.0percentofassetseachyear. c.nothing,becausetheyreceivecommissionsfromthefirmswhosestocktheybuy. d.aflatfeeofabout$50. 159.Itisclaimedthatasecondaryadvantageofmutualfundsisthat a.aninvestorcanavoidinvestmentchargesandfees. b.theygiveordinarypeopleaccesstoloanablefundsforinvesting. c.theyusuallyoutperformstockmarketindexes. d.theygiveordinarypeopleaccesstotheskillsofprofessionalmoneymanagers. 160.Indexfunds a.typicallyhaveahigherrateofreturnandhighercoststhanmanagedmutualfunds. b.typicallyhaveahigherrateofreturnandlowercoststhanmanagedmutualfunds. c.typicallyhavealowerrateofreturnandhighercoststhanmanagedmutualfunds. d.typicallyhavealowerrateofreturnandlowercoststhanmanagedmutualfunds.
4.1 Consumer Surplus and Producer Surplus 1) The difference between the highest price a consumer is willing to pay for a good and the price the consumer actually pays is called A) producer surplus. B) the substitution effect. C) the income effect. D) consumer surplus. 2) In New York City, about 1 million apartments are subject to rent control by the […]
12.1 The Lemons Problem and its Solution 1) Private information is a situation in which A) two parties to an exchange have information that is available to outsiders if they ask. B) one party to an exchange has information that is not available to the other. C) the marginal cost of a person’s obtaining additional information is zero. D) the marginal cost of […]
71) If potential GDP increases, A) aggregate supply does not change. B) the quantity of aggregate supply decreases. C) aggregate supply increases. D) the price level rises. E) the money wage rate must have fallen. 72) When potential GDP increases, the potential GDP line ________, and the aggregate supply curve ________. A) shifts rightward; shifts rightward B) shifts rightward; shifts leftward C) shifts leftward; […]
31) Denise owns a plant that produces watch parts in Ohio. Denise noticed that when she hired the last worker, that worker’s marginal product exceeded the marginal product of the previous worker. As a result, when the last worker was hired, Denise’s average product of labor A) decreased. B) increased. C) did not change. D) perhaps changed, but there is not enough information […]
61) The figure above shows the market for education, a good possessing an external benefit. In order to attain the efficient number of students, a government subsidy must equal ________ per student. A) $2,000 B) $8,000 C) $6,000 D) $10,000 E) $16,000 62) A voucher is A) the production of a good by some public institution. B) a payment that government makes to private […]
27) If an 8 percent decrease in the price of lobster leads to a 15 percent decrease in the quantity supplied of lobster, then the supply of lobster is A) unit-elastic. B) unitarily elastic. C) elastic. D) perfectly inelastic. 28) Inelastic supply occurs whenever the elasticity of supply value is A) negative and 1. D) positive and
1) Partial-equilibrium analysis considers A) only the existence of a market equilibrium, as if no other markets exist. B) a specific market while ignoring any feedback effects that may come from induced changes in other markets. C) all markets simultaneously, recognizing the interactions among the various markets. D) how government planning can improve upon the results of a free market. E) the induced changes […]
Established in 1977, Krona Community Hospital is a 60-bed, acute care hospital located in the heart of Banconota County. With a staff of nearly 100 physicians and specialists, 400 employees and 75 volunteers, they offer a full range of health care services. They are accredited by The Joint Commission.
Nouveau Health, a private, not-for-profit health care chain, took over management Krona Hospital. Last year, state officials began to discuss Nouveau’s proposal to build a new, replacement hospital in Banconota County. The new facility would have 74 acute care beds, four observation rooms, four surgical operating rooms, one c-section room, a 24-hour emergency department, a maternity center, an intensive care unit, and an extensive outpatient center that will provide service such as diabetes treatment, physical therapy, speech pathology, and so forth.
You are a staff member in the finance department at Nouveau Health, whose sole responsibility is to advance the success of the organization through assisting in planning, forecasting, and finance management.
Primary Task Response: A wellness program includes services with exercise programs and chronic disease management to catch problems early so that a customer can be seen in urgent care or a doctor's office instead of ending up in the hospital. It increases outpatient revenue and decreases inpatient admissions and readmissions thereby, hopefully, decreasing risk for financial loss. Familiarize yourself with an example of a wellness center at the following web site:
http://www.sw.org/location/waco-getterman-wellness-center
Based on Krona’s budget, consider the effects that a Wellness Program provides to Krona. If the wellness program is to include outpatient revenue, home health revenue, and pharmacy revenue, discuss how outpatient and inpatient revenue will differ with these budgetary goals. Include the following:
Click here for last year’s budget.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more