What Were the Causes of the Recent Reduction of the Rate

question 46

Multiple Choice

What were the causes of the recent reduction of the rate of increased spending on health care?

• A) an increase in Americans' health and reduced federal investment in health care
• B) the adoption of the ACA and fewer observed instances of serious diseases
• C) lower prices on medical equipment, cheaper pharmaceuticals, and a drop in health workers' salaries
• D) low growth in Medicare and Medicaid expenditures, the economic recession, and reduced demand

Understand the concept of the crossover rate and its significance in comparing projects.

Understand and apply Pareto analysis in identifying major causes of problems from a given dataset.

Calculate the Quality loss function using specific provided data.

Construct conventional cause-and-effect diagrams to analyze various service quality issues.

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Definitions:

Allotment

The distribution or assignment of a portion of something, often referring to shares of stock, land, or time.

Incorporation

Establishing a business entity as a corporation, which holds legal identity separate from its shareholders, enabling it to own property, sue, or be sued.

Advantages

Advantages refer to the beneficial factors or positive outcomes resulting from a specific action, decision, or situation.

Franchising

Arrangements based on contracts of service and the supply of products between larger and smaller units of one organization.