Efficiency and Productivity of the Health Care System Based on 'New

question 5

Multiple Choice

Efficiency and productivity of the health care system based on 'new public management' (NPM) has incorporated one or more of the following competitive practices:

• A)paying public hospitals bonuses if they see more patients.
• B)activity-based funding.
• C)outsourcing non-essential services in the public sector.
• D)all of the above.

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Definitions:

Beta

The measure of market risk in portfolio theory. The degree to which a stock’s return moves with the market’s return.

Cost of Capital

The vital rate of earnings a company must generate from its investment plans to preserve its standing in the market and appeal for investments.

Treasury Bills

Short-term government securities with maturities ranging from a few days to 52 weeks, sold at a discount from their face value.

Financial Option

A contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price.