Some Economists Have Argued That Certain Characteristics of the Delivery

question 21

Multiple Choice

Some economists have argued that certain characteristics of the delivery of health care justify government intervention.One of these characteristics is

• A)health care is a public good.
• B)health care is nonrivalrous and nonexcludable.
• C)health care generates negative externalities.
• D)health care generates positive externalities.

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Definitions:

Divide And Conquer

An algorithm design paradigm that solves a problem by breaking it down into smaller subproblems, solving each subproblem individually, and then combining their solutions.