Which of the Following Would Encourage Consumers to Economize on Health-Care

question 342

Multiple Choice

Which of the following would encourage consumers to economize on health-care expenditures and producers to supply health-care services more efficiently?

• A) an increase in out-of-pocket expenditures by health-care consumers
• B) decreased reliance on personal Medical Savings Accounts and health-care expenditures from the accounts
• C) decreased reliance on the purchase of catastrophic health insurance coverage and less reliance on insurance with first-dollar coverage and small co-payments
• D) the establishment of a national health-care system that would provide coverage to all people

Calculate and interpret the effect of changes in disposable income on consumption, investment, and saving.

Grasp the concepts of marginal propensity to consume (MPC) and save (MPS), and their relevance to economic behavior.

Understand how savings, investment, and income interrelate.

Differentiate between financial transactions and physical investments.

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Definitions:

Pregnanediol

A metabolite of progesterone, measured in urine to assess progesterone levels in the body.

Menstrual Disorders

A range of problems affecting the menstrual cycle, including heavy bleeding, painful periods, or absence of periods.

Amniocentesis

A medical procedure used in prenatal diagnosis, where a small amount of amniotic fluid is sampled from the amniotic sac around a developing fetus.

Amniotic Fluid

The protective liquid contained within the amniotic sac that surrounds and cushions a developing fetus during pregnancy.