Choose the Best Statement

question 329

Multiple Choice

Choose the best statement.

• A) An increase in compensation of employees increases aggregate income but does not change GDP.
• B) GDP always equals aggregate expenditure and sometimes equals aggregate income.
• C) GDP equals aggregate expenditure and equals aggregate income.
• D) An increase in government purchases increases aggregate expenditure but does not change GDP.

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Definitions:

Official Guidelines

Official guidelines refer to established rules or authoritative advice issued by a relevant body or organization, often within a specific industry or professional field, to standardize practices and ensure compliance with legal and ethical standards.

Double Billing

Sending a claim for the second time to the same insurance company, for the same procedure or service, provided to the same patient on the same date of service.

Health Care Fraud And Abuse Control Program

A U.S. government program aimed at detecting and preventing fraud and abuse in health care services and billing.

Objective

Something that one's efforts or actions are intended to attain or accomplish; a purpose or goal.