One of the Driving Forces for a Universal Access System

question 5

Multiple Choice

One of the driving forces for a universal access system is the idea that a market-based economy will not provide for those unable to purchase health services for themselves,this is known as:

• A)a dual health market/
• B)equal access to medical services.
• C)market failure.
• D)none of the above.

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Definitions:

Accounting Majors

Students specializing in the study of accounting, preparing for careers in financial reporting, auditing, tax, and more.

GAAP

Generally Accepted Accounting Principles, which are a collection of commonly-followed accounting rules and standards for financial reporting.

EU

A political and economic union of 27 member states that are located primarily in Europe, aimed at facilitating economic cooperation.

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.