Examlex
Which is a method of controlling health care costs and quality of care by reviewing the appropriateness and necessity of care provided to patients prior to the administration of care or after care has been provided?
Laffer Curve
A theoretical representation of the relationship between government revenue raised by taxation and all possible rates of taxation, suggesting an optimal tax rate to maximize revenue.
Inflation
The pace at which prices for products and services generally ascend, reducing monetary value.
Money Supply
The aggregate value of financial assets existing in an economy at a certain time.
Economic Growth
An increase in the amount of goods and services produced per head of the population over a period of time, often measured as the percentage increase in real GDP.
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