The dominant factor affecting medical care delivery and finance in the 1980s was:
a. creation of Medicare and Medicaid.
b. prospective payment for hospitals.
c. the explosive growth of managed care.
d. the Hill-Burton Act.
e. ERISA.
b. prospective payment for hospitals.
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An example of the command-and-control approach to environmental policy is:
a. placing a tax on freon to reduce its use and the corresponding CFC emissions (which contribute to the ozone hole). b. requiring car producers to install new air conditioners that do not use freon. c. allowing coal producers to buy and sell permits to allow CFC emissions. d. allowing individuals to sue freon producers if CFC emissions exceed a government-set standard.
Public goods are goods that have
A) only a few low income consumers. B) clear property right. C) nonexcludability and nonrivalrous. D) features that cannot be addressed by creating property rights.