Examlex
Briefly discuss the role of PSAs and NGOs.
Single Payer
A healthcare finance mechanism where a single public or quasi-public agency organizes health care financing, but delivery of care remains largely in private hands.
Budget Deficit
A situation where a government's expenditures surpass its revenues within a specific fiscal period, leading to borrowing or debt accumulation.
Price Floor
A legally established minimum price that can be charged for a good or service, typically above the equilibrium price, to prevent market prices from falling too low.
Subsidy
A financial grant or support extended by the government to individuals, businesses, or industries to encourage certain activities or lower their costs.
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