Which of the Following Is True with Regard to Health

question 24

Multiple Choice

Which of the following is true with regard to health care in the United States?

• A) The U.S. population is aging and thus requires increasing public expenditures for Medicare and Medicaid.
• B) The cost of health care is increasing at a lower rate than inflation.
• C) Most Americans receive adequate health insurance through their employers.
• D) All Americans are adequately covered by private health insurance policies.
• E) The U.S. population is growing so prosperous that it will not require Medicare or Medicaid.

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Definitions:

Lease

A contract by which one party conveys land, property, services, etc., to another for a specified time, usually in return for periodic payments.

Opportunity Cost

The worth of the best alternative given up due to making a decision.

Opportunity Cost

The value of the next best alternative that is foregone when making a choice.

Tuition

The fee that educational institutions charge for instruction and training.