An example of third-party financing of health care is

A) patients paying for their visit to the doctor.
B) patients not going to the doctor in order to save money.
C) a patient going to another doctor for a second or a third opinion.
D) Medicare.

D

Economics

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The marginal revenue curve of a purely competitive firm:

A. lies below the firm's demand curve. B. is downsloping because price must be reduced to sell more output. C. is horizontal at the market price. D. has all of these characteristics.

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What is the primary benefit of a monetary system of exchange compared to a barter system?

What will be an ideal response?

Economics