Which of the Following Would Not Be Captured by a Perfect

question 52

Multiple Choice

Which of the following would not be captured by a perfect measure of the production of goods and services in the economy?

• A)The underground economy
• B)Improvements in goods and services
• C)A healthy life expectancy
• D)Home production
• E)None of these

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Definitions:

Electronic Data Interchange (EDI)

Transmitting electronic medical insurance claims from providers to payers using the necessary information systems.

Standard Format

A set of established criteria or specifications to which something must conform.

Medicaid Eligibility

The criteria which determine an individual's or family's qualification to receive Medicaid, a program assisting with medical costs for people with limited income and resources.

Reported Income

The total amount of income declared by an individual or corporation for tax or financial reporting purposes.