If the government provides universal health insurance, what screening process will the government need?
A) It won't need a screening test.
B) It will only give health insurance to non-smokers.
C) It won't use screening tests but it will use statistical discrimination.
D) It won't use screening tests but it will use signals.
A
You might also like to view...
Suppose the market for oranges is perfectly competitive and unregulated. Suppose also that the chemicals used to keep the oranges insect-free damage the environment by an estimated $1 per bushel of oranges. Suppose QD = 1000 - 100P and QS = -100 + 100P. The total dollar value damage to society is
a. 400 b. 450 c. 500 d. 550
As a result of legislation to establish a floor price for milk, most dairy farmers will
a. end up earning a normal rate of return in the long run b. end up earning a zero rate of return in the long run c. end up earning a negative rate of return in the long run d. benefit from the increased cost of specialized resources used in dairy farming e. suffer if they own specialized resources at the time the legislation is passed