ECO 2023 Chapter 1

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 wo...