By Promoting Third-Party Payment of Health-Care Expenses and the Purchase

question 302

Multiple Choice

By promoting third-party payment of health-care expenses and the purchase of health insurance through employers, health-care policy has

• A) eroded the incentive of health-care consumers and providers to economize.
• B) undermined the smooth operation of health-care markets.
• C) made it more costly for persons without a job to obtain health insurance.
• D) done all of the above.

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Definitions:

Time Spent Fishing

The duration allocated or utilized in the act of catching fish either for leisure or commercial purposes.

Vegetarian

A dietary practice of abstaining from the consumption of meat and sometimes, by extension, other animal products.

Regression Discontinuity

Regression discontinuity identifies the causal effects of a policy or factor by looking at two samples that lie on either side of a threshold or cutoff.

Causal Effects

Causal effects refer to the change in an outcome directly attributable to a change in a factor or intervention, established through methods that isolate this relation from other variables.