Which of the Following Is Not an Argument Used by Economists

question 33

Multiple Choice

Which of the following is not an argument used by economists and policymakers who are in favor of moving toward greater government involvement in health care?

• A)The increased competition that results from market-based reforms would reduce health care costs and increase economic efficiency.
• B)A single-payer system would reduce the paperwork caused by the current system.
• C)The current Medicare system has had lower administrative costs than have private health insurance companies.
• D)The systems in most other high-income countries have lower levels of health care spending per person which still providing good health outcomes.

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Definitions:

SUTA Tax

The State Unemployment Tax Act tax, a payroll tax that employers pay to fund the state's unemployment insurance.

Payroll Data

Information related to employees' salaries, wages, bonuses, and deductions, essential for processing payroll and ensuring accurate financial records.

Gross Earnings

The total income earned by an individual or business before any deductions like taxes or expenses are subtracted.

Sales Taxes Payable

Liabilities for sales taxes collected from customers on behalf of governmental authorities, which are to be remitted to those authorities.