Which One of the Following Is a Source of Government

question 55

Multiple Choice

Which one of the following is a source of government health insurance that is administered by each state?

• A)Blue Cross
• B)Blue Shield
• C)National Institutes of Health
• D)HMO
• E)Medicaid

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Definitions:

Market Demand Curve

A graph that shows the relationship between the price of a good and the quantity of that good all consumers are willing to purchase at each price level.

Consumption

The act of using goods and services for personal needs or wants.

Demand Curve

A graphical representation showing the relationship between the price of a good and the amount of it that consumers are willing to purchase at various prices.

Quantity Demanded

The total amount of a good or service consumers are willing and able to purchase at a given price in a specified period.