There Is an Increase in the Number of Individuals in the Country

question 98

Multiple Choice

There is an increase in the number of individuals in the country who have insurance.Which of the following will occur now?

• A) The demand for health care will decrease,but not as much if deductibles and co-pays are used.
• B) The demand for health care will increase,but not as much if deductibles and co-pays are used.
• C) The demand for health care will be unaffected.
• D) Individuals will likely be discouraged from receiving preventive care.
• E) Whether individuals seek preventive care will be unaffected by whether an individual has insurance.

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Definitions:

Preferred Dividends

Dividends that are paid out to preferred shareholders before any dividends are distributed to common shareholders, typically at a fixed rate.

Cash Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in cash.

State Corporation Laws

Regulations established by individual states governing the formation, operation, and dissolution of corporations within their jurisdiction.

Comprehensive Income Items

Components of comprehensive income that represent all changes in equity during a period except those resulting from investments by owners and distributions to owners.