If the Poor Cannot Afford Proper Medical Treatment, an Economist

question 18

Multiple Choice

If the poor cannot afford proper medical treatment, an economist, for reasons of efficiency, would favor

• A)giving the poor added income to spend as they see fit.
• B)paying doctors bonuses to treat the poor.
• C)paying the medical bills of the poor.
• D)giving the poor "medical stamps."

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Definitions:

Life Estate

A property interest that lasts for the lifetime of an individual, after which the property passes to another designated party.

Conditional Estate

A property interest that is dependent on the occurrence or non-occurrence of a specified condition.

Easement

A right granted to a party to use the property of another for a specific purpose, like a right-of-way.

Recording

Filing a deed, with any other related documents such as mortgages, with the appropriate county office, thereby giving official notice of the transfer to all interested parties.