Many Provinces Have Begun Removing Services Once Covered by Universal

question 37

Multiple Choice

Many provinces have begun removing services once covered by universal insurance, such as vision care and medical forms, framing these services as "extended" rather than necessary. This is an example of ________.

• A) privatization
• B) institutionalization
• C) cost capping
• D) liberalism
• E) libertarianism

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Definitions:

Dividends Paid

The portion of a company's earnings that is distributed to shareholders as a return on their investment.

Paid-in Capital

The total amount of money that shareholders have invested in a company through the purchase of its stock.

Treasury Stock

Shares that were issued and later reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Debit Balance

A debit balance is the amount of money that a business or individual owes; it reflects transactions that have been debited to an account, increasing the total debit.