Which Statement Is True Regarding One of the Effects of Expansion

question 3

Multiple Choice

Which statement is true regarding one of the effects of expansion of public programs on employers?

• A)Employers can reap the benefits of healthier, more productive workers without paying the up-front costs.
• B)Employees are not permitted to leave their employer's plan and enroll in a public program.
• C)Coverage of the previously uninsured may cause labor costs to go up because health care costs in the entire system would increase.
• D)All employers are required to pay a "fair share" fee to help cover the costs of government coverage.

---

Definitions:

Elasticities

Measures in economics that demonstrate how the quantity demanded or supplied of a good responds to changes in price or other factors.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.

Beef Prices

The market value or cost of beef at a given time, influenced by factors like supply and demand.

Wage Increase

An upward adjustment in the salary or hourly pay rate of workers, often in response to factors like cost of living adjustments, performance evaluations, or market conditions.