Which of the Following Statements About the Financing of Health

question 13

Multiple Choice

Which of the following statements about the financing of health care in the United States is accurate? (Select all that apply.)

• A)Employee-sponsored health insurance premiums experienced minimal increases from 2001 to 2011.
• B)State tax dollars must fund at least 50% of a state's Medicaid cost.
• C)The largest percentage of health care dollars is spent on hospital care.
• D)Most workers who have an employer-sponsored health insurance plan are enrolled in preferred provider organizations (PPOs).

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Definitions:

Unemployment

The situation in which individuals who are capable of working and are seeking work are unable to find employment.

Marginal Propensity

The ratio of change in an economic variable (such as consumption) that occurs with a change in another variable (such as income).

Investment Accelerator

The concept that suggests investment spending in an economy may increase due to growth in overall economic activity, boosting further growth.

Aggregate Demand

Total expression of need for goods and services within an economic environment, anchored at a specific total price level across a designated duration.