ECO 2023
Florida International University
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Chapter 1 Economics Foundations and Models
- Exam (elaborations) • 157 pages • 2021
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Chapter 1 Economics: Foundations and Models 
1.1 Three Key Economic Ideas 
1) Recent changes occurring within the U.S. health care system, including lower insurance 
reimbursement rates, have resulted in 
A) a growing number of doctor's choosing to open private practices. 
B) more medical practices being owned by hospitals than by individual doctors. 
C) a majority of hospitals closing routine medical practices in order to focus only on emergency 
care facilities. 
D) a majority of doctors work...
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