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What Are the Issues Regarding Pricing Practices, and Which Federal

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What are the issues regarding pricing practices, and which federal agency regulates pricing activities?


Definitions:

Third Quartile

The value below which 75% of the data in a data set falls, also known as the upper quartile.

Medicaid

A government-sponsored insurance program in the United States for individuals and families with low income and resources.

Net Worth

The difference between an entity's total assets and its total liabilities.

Retirees

Individuals who have left the workforce, often due to age, and receive some form of retirement benefits.

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