Economists who are cautious about government intervention in health care markets are probably worried about each of the following EXCEPT
A. excessive flexibility.
B. rent-seeking behavior.
C. the incentive problem.
D. lack of innovation.
Answer: A
You might also like to view...
On-the-job-training is an example of
A) increasing labor force participation. B) investment in human capital. C) investment in physical capital. D) technological change.
According to Fed Chairman Bernanke's analysis of the Depression-era financial system,
a. bank lending was often based on long-term relationships between banks and customers. b. after the banking system collapsed, it recovered quickly due to government intervention. c. bank lending at large was a severely depersonalized endeavor by 1925, which caused risky loan practices. d. Both a and b are correct.
The Affordable Care Act will subsidize the purchase of health insurance for which of the following groups?
a. Doctors and nurses regardless of income. b. Individuals and families with incomes between 133 percent and 400 percent of the poverty level. c. Employees who belong to a labor union. d. All workers employed by firms with fewer than 50 full-time employees.
______________: Using right methods of production
Fill in the blank(s) with the appropriate word(s).