The Only Two Options to Control the Growth of Healthcare

question 107

Multiple Choice

The only two options to control the growth of healthcare spending are

• A) price controls and political rationing or competition and market prices.
• B) taxation or political mandates.
• C) subsidizing of healthcare insurance or government provision of healthcare.
• D) free healthcare or subsidized healthcare.

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Definitions:

Normal Probability Distribution

A bell-shaped distribution that is symmetrical about the mean, showing how data points are likely to be distributed in a set where most occurrences take place around the average.

Bell-shaped

A description often used for the symmetrical, rounded shape of a normal distribution curve.

Symmetric

In mathematics and statistics, symmetric indicates that a shape, function, or distribution is mirror-like, showing balance around a central point or axis.

Standard Normal Table

A mathematical table used in statistics to find areas under the curve of a standard normal distribution for various z-scores.