The Surge in Managed Care Networks and the Shift to Physicians

question 72

Multiple Choice

The surge in Managed Care Networks and the shift to physicians as employers began ______.

• A) in the 1970s
• B) after World War II
• C) with the Affordable Care Act
• D) in the 1990s

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Definitions:

Aggregate Demand

The total demand for all goods and services within an economy at different price levels, during a specified time period.

Investment Spending

The expenditure on capital goods including buildings, machinery, and equipment, which are used to produce goods and services in the future.

Aggregate Supply Curve

A graph that shows the relationship between the overall price level in the economy and the total output (GDP) that firms produce and sell, at all possible price levels.

Trade Restrictions

Measures imposed by governments to regulate international trade, including tariffs, quotas, and embargoes.