One Reason to Require Medical Practitioners to Be Licensed Is

question 25

Multiple Choice

One reason to require medical practitioners to be licensed is that

• A) medical care involves substantial externalities.
• B) medical care is so expensive.
• C) medical care is a public good.
• D) medical care consumers lack perfect information.

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Definitions:

Pepsinogen

The inactive enzyme precursor of pepsin, secreted by the stomach wall and converted to the active enzyme in the presence of hydrochloric acid.

Omega-3 Fatty Acids

Essential fatty acids found in salmon and other fatty fishes, walnuts, and certain vegetable oils (e.g., canola, soybean); studies suggest that omega-3 fatty acids help lower triglycerides and blood pressure, and have other health benefits.

LDL Levels

Low-density lipoprotein levels, often referred to as "bad" cholesterol, indicative of the amount of cholesterol in the blood that can lead to plaque buildup in arteries.

Protein Metabolism

The process by which proteins are synthesized and broken down into amino acids in the body, involving digestion, absorption, and assimilation of proteins.