Third-party payments by either the government or an insurance company accounted for ____ of the 2011 healthcare expenditures, compared to ____ paid by third parties in 1960
a. 40 percent; 20 percent
b. 20 percent; 40 percent
c. 86 percent; 45 percent
d. 96 percent; 73 percent
C
You might also like to view...
What, if any, is the impact of the CPI bias on government spending and taxes?
What will be an ideal response?
"All monopolies operate with positive economic profits." Do you agree or disagree? Why?
What will be an ideal response?
When the economy is creating less output than its potential, it means:
A. there are some resources that are unemployed. B. the economy is in an economic boom. C. contractionary policy needs to be enacted. D. governments are likely to reduce their spending.
From 2015 to 2016, the overall price level rose from 200 to 220. Over this same period, tuition rates at the local community college rose from $100 to $115 per credit hour. What can be concluded from the rise in tuition relative to overall inflation?
a) Tuition rates increased at the same rate as inflation. b) Tuition rates increased at a slower rate than inflation. c) Tuition rates increased at a faster rate than inflation. d) Tuition rates and inflation cannot be compared with the numbers given.