Programs that require people to pay into a common pool and are in turn eligible to draw on benefits under certain circumstances are called:
A. social insurance programs.
B. social benefit programs.
C. common insurance programs.
D. equitable payment programs.
A. social insurance programs.
Economics
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A universal health insurance program, which lowers patient's out-of-pocket expenses, would tend to
A) reduce the number of patients seeking medical care. B) reduce the number of doctors offering medical care. C) increase the non-monetary costs of medical care, such as waiting longer in line. D) generate all of the above.
Economics
Julie's total utility from cheeseburgers is given in the table above. What is the marginal utility of the third cheeseburger?
A) 86 B) 28.7 C) 20 D) 14
Economics