Medicare

A. subsidizes the care of middle aged people, which gives them an incentive to consume more medical services.
B. subsidizes the care of older people, which gives them an incentive to consume more medical services.
C. subsidizes the care of older people, which gives them NO incentive to consume more medical services.
D. subsidizes the care of young people, which gives them an incentive to consume less medical services.


Answer: B

Economics

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