Which of the Following Statements Is True About the Argument

question 42

Multiple Choice

Which of the following statements is true about the argument that for-profit care cuts costs?

• A) for-profit health care is less expensive for governments, and less expensive for consumers
• B) for-profit health care is more expensive for governments, and more expensive for consumers
• C) for-profit health care costs about the same as not-for-profit health care
• D) for-profit health care is more expensive for governments, but less expensive for consumers
• E) for-profit health care is less expensive for governments, but more expensive for consumers

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Definitions:

Adjusted Gross Income

Gross income minus adjustments, used as a base for calculating taxable income and determining eligibility for certain tax deductions and credits.

Social Security Taxes

Taxes paid by workers and employers to fund the Social Security program, which provides retirement, disability, and survivorship benefits.

Medicare Taxes

Taxes withheld from pay or paid on profits that contribute to the Medicare program, providing health insurance for individuals over 65.

Self-Employment Tax

A social security and Medicare tax primarily for individuals who work for themselves.