Which of the Following Actions Would Help Decrease the Total

question 32

Multiple Choice

Which of the following actions would help decrease the total health care costs in the United States?

• A) Consolidate major health care facilities while expanding neighborhood primary care clinics
• B) Continue the move to computer-based medical records and other efficiencies in informatics
• C) Decrease current fraud and abuse
• D) Streamline and make more consistent all documents needed for third-party reimbursement

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Definitions:

Government Spending

Refers to the total expenditure incurred by the government on various goods, services, and projects to fulfill its economic and social objectives.

National Income

The total income earned by a country's people and businesses, including wages, profits, and rent, over a specific period.

Crowding-Out Effect

The phenomenon where increased government spending leads to a reduction in private sector spending and investment, due to higher interest rates or other factors.

Private Investment

The expenditure on capital goods by private sector firms or individuals to increase their production capacity or asset portfolio.