Recession Has Led to Many Discussions About Privatizing Health Care

question 9

Multiple Choice

Recession has led to many discussions about privatizing health care. Although a number of provinces conducted experiments in privatization, the results have not been made public, largely because these experiments violate which following principle of health care legislation in Canada?

• A)Accessibility
• B)Universality
• C)Portability
• D)Public administration

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Definitions:

Excess Cash

The amount of cash holdings that exceed the normal operational needs of a company.

Reverse Split

A corporate action which consolidates the number of existing shares of stock into fewer, proportionately more valuable, shares.

Shares Outstanding

Shares outstanding refers to the total number of shares of a company's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Long-Term Payout Ratio

The proportion of earnings paid out as dividends to shareholders over an extended period, often used as a measure of a company's dividend policy stability.