Use the Following Two Columns of Items to Answer the Matching

question 68

Short Answer

Use the following two columns of items to answer the matching questions below:
-PPO
A)a health care plan where individuals pay the provider and then seek reimbursement for expenses
B)a managed plan that allows a greater choice of health care providers
C)a prepaid health care plan using a limited number of health care providers

• A)a health care plan where individuals pay the provider and then seek reimbursement for expenses
• B)a managed plan that allows a greater choice of health care providers
• C)a prepaid health care plan using a limited number of health care providers

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Definitions:

Production Possibilities Frontiers

A curve depicting the maximum output combinations of two goods that can be produced given the resources and technology.

Opportunity Cost

The value of the best alternative that must be forgone when making a choice.

Chocolate Truffle

A type of chocolate confectionery, traditionally made with a chocolate ganache center coated in chocolate, cocoa powder, or chopped toasted nuts.

Absolute Advantage

The ability of an individual, company, or country to produce a good or service more efficiently than its competitors with the same amount of resources.