One problem with traditional health insurance plans is _____

a. people have little choice over physicians
b. it has eliminated employer-provided health care
c. doctors have little incentive to economize
d. patients spent too much time scrutinizing their bills

c

Economics

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Which period of recent U.S. history shows the lowest rates of productivity growth?

a. 1948-1973 b. 1973-1995 c. 1995-2000 d. All periods had similar growth rates.

Economics

Suppose the MPC in the economy in Figure 10.2 equals 0.75 and the shift from AD0 to AD1 was caused by a decrease in investment of $20 billion. What will the magnitude of the second decrease in aggregate demand be (for example, AD1 to AD2)?

A. $120 billion. B. $80 billion. C. $15 billion. D. $20 billion.

Economics