The financing of health care through insurance has:
A. Decreased absolute total expenditures on health care
B. Resulted in consumers directly paying less than the full price of health care
C. Increased the marginal utility of health care services
D. Made no change in health care consumption
B. Resulted in consumers directly paying less than the full price of health care
You might also like to view...
Continuous increase in investment in which of the following is most likely to cause sustained growth?
A) Capital B) Technology C) Land D) Labor
A reasonable estimate of the world's population that lives on less than $1.5 per day is
A) 40 percent. B) 80 percent. C) 50 percent. D) 20 percent.
The figure above shows the costs for a grower in the perfectly competitive turnip industry. If the price is $1,400 for a ton of turnips, the firm is
A) making an economic profit. B) making zero economic profit. C) incurring an economic loss. D) More information is needed to determine if the firm is making a positive economic profit, zero economic profit, or incurring an economic loss.
Which of the following statements is true about M2?
A) Its total value is smaller than that of M1. B) Apart from those assets also included in M1, it includes no assets that offer check-writing features. C) Its total value is about five times as large as M1. D) It includes large-denomination time deposits.