Economic Analysis Indicates That the Increasing Government Expenditures and Growth

question 37

Multiple Choice

Economic analysis indicates that the increasing government expenditures and growth of third-party payments accompanying the Medicare and Medicaid programs

• A) reduced the demand for healthcare services.
• B) reduced the incentive of consumers to economize on their use of healthcare.
• C) increased the incentive of consumers to economize on their use of healthcare.
• D) placed downward pressure on the prices of healthcare services.