Having trouble with 4 questions from my macroeconomic class. 1. Which of the fol
ID: 1096766 • Letter: H
Question
Having trouble with 4 questions from my macroeconomic class.
1. Which of the following is a predicted result of the increased use of additive manufacturing (using 3-D printers)?
D. Significant increases in the fixed costs of producing manufactured goods.
2. Subsidies to encourage hospitals and physicians to adopt electronic medical records have resulted in which of the following?
D. Less care at higher costs as the extensive record-keeping process reduces efficiency.
3. The PPACA was intended to expand health care coverage to all Americans. Which of the following was not one of problems with the law in terms of that goal?
D. States declined to set up the insurance exchanges specified in the act.
4. Indiana's health care plan for state employees:
A. Economies of scale in manufacturing will be eliminated, driving up production costs and prices. B. Lower prices of manufactured goods through the elimination of large fixed costs and transportation costs. C. Monopolization of manufactured goods industries, as few individuals can afford additive manufacturing technology.D. Significant increases in the fixed costs of producing manufactured goods.
2. Subsidies to encourage hospitals and physicians to adopt electronic medical records have resulted in which of the following?
A. Improved care for a greater number of patients because of the efficiency gains. B. Reduced health care costs because of the efficiency gains in record-keeping. C. More patients seen but at a higher cost because of the high fixed cost of the recording devices.D. Less care at higher costs as the extensive record-keeping process reduces efficiency.
3. The PPACA was intended to expand health care coverage to all Americans. Which of the following was not one of problems with the law in terms of that goal?
A. Firms avoided the employer mandate by cutting worker hours to part-time status. B. Insurance providers are allowed to deny coverage to those with preexisting conditions. C. Many poor workers were ineligible to receive the subsidies necessary to help them fulfill the personal mandate.D. States declined to set up the insurance exchanges specified in the act.
4. Indiana's health care plan for state employees:
A. has reduced total spending on health care, but at the cost of employees forgoing important preventative care procedures. B. has reduced total spending on health care without people forgoing important preventative care procedures. C. has increased total spending on health care, but with the benefit of increasing the overall health of state workers who now take greater advantage of preventative care procedures. D. has reduced health care spending for those who participate in the plan, but only a small (less than 10 percent) percentage of state employees actually use the system.Explanation / Answer
A. Economies of scale in manufacturing will be eliminated, driving up production costs and prices.
B. Reduced health care costs because of the efficiency gains in record-keeping.
A. Firms avoided the employer mandate by cutting worker hours to part-time status.
B. has reduced total spending on health care without people forgoing important preventative care procedures.
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