When health insurance is purchased primarily through one's employer,
a. direct purchase of health insurance becomes cheaper.
b. the benefits of the healthcare insurance are fully taxable.
c. it is more costly for employees to switch jobs and move to areas where jobs are available.
d. the overall number of people without health insurance decreases.
C
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Which of the following is NOT included in measured U.S. GDP?
A) the value of the pizzas produced at Pizza Hut in Kansas City B) the value of leisure time C) the value of the goods produced at a French owned plant in Atlanta, Georgia D) the value of the services produced by a lawyer in Tampa, Florida E) the value of a plane produced by Boeing in Washington and sold to Air France
In comparison with a perfect competition, a single-price monopolist with the same costs creates a ________ consumer surplus and makes a ________ economic profit
A) smaller; larger B) smaller; smaller C) larger; larger D) larger; smaller