The PBS Co-Payments Include

question 8

Multiple Choice

The PBS co-payments include:

• A)a set price paid to the government by consumers.
• B)a set price paid to pharmacies by the government.
• C)the difference between the cost of the medicine and the amount the consumer pays.
• D)a set price paid to the pharmacy by the consumer.

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Definitions:

Compound-Interest GIC

A Guaranteed Investment Certificate (GIC) that grows by earning interest on the principal and the accumulated interest over time.

Percent Increase

The proportionate growth of a value over time, expressed as a percentage of the initial amount.

Successive Years

A term used to describe years that follow one after another without interruption.

Loan

A borrowed amount of money that is to be repaid along with interest.