Publicly provided health insurance for the poor will
A. increase the total amount of health care consumed.
B. raise the level of health care consumed by the non-poor.
C. raise the price of health care to the non-poor and increase the total amount of health care consumed.
D. raise the price of health care to the non-poor.
Answer: C
You might also like to view...
What is the difference between directly holding stock in a company like Apple and investing in a mutual fund that holds Apple stock?
What will be an ideal response?
The real wage will fall if price ________ the nominal wage
a. decreases more than b. increases more than c. increases less than d. decreases less than
In the case of either a positive or negative externality, a good's market price will:
A. not fully reflect a good's social marginal cost or social marginal benefit. B. be too high. C. be too low. D. not equate the quantity supplied by sellers with the quantity demanded by buyers.
When communication is given from the CEO to his subordinates it is called
a. top down b. bottom up c. hub d. spoke