Recall Application 3, "Increasing Health-Care Expenditures and Crowding Out," to Answer

question 127

Multiple Choice

Recall Application 3, "Increasing Health-Care Expenditures and Crowding Out," to answer the following questions:
-According to the application, as individuals become richer, sooner or later they will substitute spending away from _______ and into _______ .

• A) nursing homes; retirement communities
• B) less expensive health care; more expensive health care
• C) consumer durables; increasing their lifespan
• D) consumer durables; stocks of HMO's

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Definitions:

Neuroleptic

A type of medication primarily used to manage psychosis, particularly in disorders like schizophrenia, characterized by its tranquilizing effects.

Side Effects

Side effects are unintended and usually adverse reactions or outcomes resulting from the application of a treatment, medication, or intervention.

Community Mental Health Act

A 1963 piece of U.S. legislation that aimed to provide federal funding for community mental health centers and research facilities to improve treatment and care for the mentally ill.

Deinstitutionalization Act

Legislation aimed at reducing the population of mental health hospitals and integrating individuals with mental illnesses into community-based settings.