When Comparing the Health Systems of the US and OECD

question 4

Multiple Choice

When comparing the health systems of the US and OECD countries, which of the following statements is/are FALSE?

• A) The US always has the highest cost and highest quality
• B) The OECD countries always have the lowest cost and highest quality
• C) The US always has the highest cost and lowest quality
• D) The US has the largest global economy, largest research & production hub, & the lowest quality
• E) Until recently, the US has never tied quality or outcomes to payment

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Definitions:

Payroll Tax

Taxes imposed on employers or employees, often calculated as a percentage of the salaries that employers pay their staff, funding social security and healthcare programs.

Social Security Tax

A charge imposed on both workers and their employers to finance the Social Security system, offering financial support to retirees, individuals with disabilities, and children of workers who have passed away.

Income Tax Decrease

A reduction in the rate at which individuals or corporations are taxed on their income, potentially leading to increased disposable income and consumption.

Federal Deficit

The amount by which a government's expenditures exceed its tax revenues.