One lesson that American policy makers can learn from the health care systems of other counties is
a. people must be willing to accept long waiting lists for expensive services.
b. a government-run system ensures equal access across socio-economic groups.
c. the importance of having a safety valve.
d. the mix between general practitioners and specialists is of little importance.
e. private insurance cannot complement government insurance.
C
You might also like to view...
Which of the following is NOT a necessary condition for a firm to price discriminate?
A) The firm must be able to separate markets. B) Buyers in different markets must have different elasticities of demand. C) Resale of the product must be preventable. D) The firm must be a price-taker.
Adverse selection and moral hazard are problems that arise in the presence of asymmetric information.
Answer the following statement true (T) or false (F)