The Observed Variations in Practice Patterns in Different Regions of the Country

question 3

Multiple Choice

The observed variations in practice patterns in different regions of the country are difficult to eliminate

• A)because of the many alternative treatment options available for most ailments.
• B)due to the localized nature of most medical practice.
• C)because it is difficult to change the preferences of physicians and patients.
• D)the observed variations are so minor that they are of little concern to policy makers.
• E)responses a, b, and c are all true.

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Definitions:

Market Basket

A market basket is a collection of goods and services used to track price changes and inflation within an economy.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Commerce Department

A department within a government responsible for regulating, promoting, and facilitating trade and commerce activities.

CPI

Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, often used as an indicator of inflation.