Which of the Following Is a Defining Assumption of the AD/AS

question 21

Multiple Choice

Which of the following is a defining assumption of the AD/AS macro model in the long run?

• A)Factor supplies are assumed to be fixed.
• B)Technology used in production is constant.
• C)The level of potential output is constant.
• D)Factor prices are assumed to be fixed.
• E)Changes in real GDP are determined by the changes in potential output.

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Definitions:

Third-Party Reimbursers

Entities or organizations that provide payment for healthcare services on behalf of the beneficiaries, typically insurance companies or government programs.

Electronic Claims Tracking

A system used for monitoring the processing status of medical insurance claims electronically.

Electronic Media Claims

Claims related to healthcare services that are submitted electronically, often through specialized software, to insurance providers for reimbursement.

Claim

A request or demand for something considered due, often used in the context of insurance.