In ________,Health Care Spending Per Person Based on Income Per

question 147

Multiple Choice

In ________,health care spending per person based on income per person is significantly higher than the average for most other countries.

• A)Austria
• B)Canada
• C)Norway
• D)the United States

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Definitions:

Externalities

Economic side effects or by-products that affect an uninvolved third party; can be either positive or negative.

Pareto Efficient

A circumstance in resource distribution where any improvement for one individual means a disadvantage for at least another.

Underprivileged Youth

Young individuals who lack the social, economic, and educational advantages of their peers.

Taxpayers

Individuals or entities that are obliged to pay taxes to a governmental authority.