Which of These Would Be Included in the Consumer Price

question 47

Multiple Choice

Which of these would be included in the consumer price index?

• A) a payment made to a doctor by Medicare
• B) a payment made by a patient to his doctor
• C) a payment made to a doctor by an employer-provided insurance company
• D) a payment made to a doctor by Medicaid

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Definitions:

Accountant

A professional responsible for managing financial records, tax filings, and providing financial advice to individuals or businesses.

Services

Intangible products such as activities, benefits, or satisfactions offered for sale that do not result in the ownership of anything.

Privately Owned

Businesses or property ownership that is not publicly traded or owned by government entities, typically controlled by a limited number of shareholders or family members.

National

Pertaining to or associated with a country as a whole, rather than local or regional levels.