Which of the Following Situations Is Privatized Health Care Believed

question 78

Multiple Choice

Which of the following situations is privatized health care believed to cause?

• A) inequality of access to health care
• B) relative equality of access to health care
• C) a better overall health care system
• D) a decline in the quality of health care services

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Definitions:

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, usually large corporations.

Present Value

The current value of a future sum of money or stream of cash flow given a specified rate of return.

Future Value

The value of an investment or a sum of money projected at a future date, calculated by applying interest or growth rates to the present value.

Time Value

The theory that a sum of money is more valuable if it's available immediately, rather than the same amount in the future, because of its earning capabilities.