Macroland Produces Dishes and Glassware

question 52

Multiple Choice

Macroland produces dishes and glassware. Before trade, a set of dishes sells for $100 and a set of glasses sells for $50. When Macroland opens to trade, foreign demand for domestically produced china is strong, raising the price of a set of dishes to $125. But foreign competition reduces the demand for domestically produced glasses, so that they now sell for $25 a set. Assuming workers cannot move between industries, the wages of workers producing dishes will ______ and the wages of workers producing glasses will ____.

• A) increase; increase
• B) increase; not change
• C) increase; decrease
• D) decrease; increase

Comprehend the financial and legal implications of coding, including fraud and abuse.

Understand the basics of ICD-10-CM coding guidelines and their organization.

Grasp the correlation between diagnosis codes and medical necessity for procedures.

Identify the roles of different organizations and programs in medical coding and compliance.

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Definitions:

ID Numbers

Unique sequences of numbers assigned to individuals or entities for identification purposes.

Deans Teaching

A situation where deans, who are senior academic officials in universities, engage directly in teaching courses, usually in their field of expertise.

Charismatic Authority

Authority based in the perception of remarkable personal qualities in a leader.

Traditional Authority

A form of leadership where power is legitimized by longstanding custom, tradition, or religious beliefs.