Which of the Following Is True About Health Care

question 21

Multiple Choice

Which of the following is true about health care?

• A) The growth of third-party payments during the last several decades has helped control inflation in the health-care sector.
• B) Public policy encourages Americans to purchase low deductible/low co-payment health insurance coverage through their employers.
• C) Low deductible health insurance coverage encourages health-care consumers to search for the best prices.
• D) The 2.9 percent Medicare payroll tax is sufficient to cover the cost of the promised future health-care services to senior citizens.

---

Definitions:

Currency Supply

The total amount of money available within an economy at any given time, including cash, coins, and bank balances.

Price Stability

The situation in an economy when prices do not change much over time, minimizing uncertainty and fostering a conducive environment for economic planning.

Economic Exposure

The potential risk a company faces in its cash flow, earnings, and foreign investments due to changes in exchange rates and foreign exchange market conditions.

Forward Contracts

Financial agreements to buy or sell an asset at a predetermined future date and price, used primarily to hedge against price movements.