Economic Theory Suggests That Controlling Health-Care Costs Through Rules and Regulations

question 93

Multiple Choice

Economic theory suggests that controlling health-care costs through rules and regulations imposed by the government or another third party is generally

• A) more effective than using competition and the choices of consumers spending their own money to control costs.
• B) less effective than using competition and the choices of consumers spending their own money to control costs.
• C) only workable if the entire health-care sector is socialized (operated by the government).
• D) possible to implement successfully because these rules and regulations tend to be in harmony with the interests of both consumers and health-care providers.

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Definitions:

Driveshaft Diameter

the exterior thickness of the driveshaft, which can influence the torque capacity and the overall performance of a vehicle's drivetrain system.

Wall Thickness

The measurement from one inner surface to the outermost surface of a structure, often referring to pipes or structural materials.

Maximum Torque Load

The highest amount of torque a system or component can handle before failing or becoming unstable.

Pressure Relief Hole

The grease escape hole in the slip spline assembly of a drive shaft.