The economic problem with Medicare financing is that

A. there is a built-in incentive to consume more services.
B. there is a built-in incentive to travel to Canada to receive medical services.
C. there is a built-in incentive to provide fewer services by doctors.
D. the cost of providing services is falling annually.


Answer: A

Economics

You might also like to view...

When you are a secretary and there are seven levels between your role and the CEO your organization is considered to be

a. fat b. tall c. flat d. short

Economics

Suppose the growth rate of GDP in the United States is 4.2 percent. If 1.1 percent and 1.4 percent of GDP growth are due, respectively, to capital and labor growth, the amount resulting from technological progress is:

A. 0.3 percent. B. 1.1 percent. C. 1.4 percent. D. 1.7 percent.

Economics

The level of real GDP identified by the long-run aggregate supply curve is

A. the level of GDP at which no one is below the poverty line. B. the level of GDP at which each business firm is experiencing growth in sales. C. the level of GDP at which each industry is experiencing growth in sales. D. the full-employment level of real GDP.

Economics

In the 1980s, President Reagan shifted government education policies toward

A. increased reliance upon direct grants, such as Pell Grants. B. repeal of the GI Bill. C. increased availability of subsidized student loans. D. education-related income tax deductions and credits.

Economics