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:

Investor

An individual or institution that allocates capital with the expectation of receiving financial returns, involving various forms of assets.

Stockholders' Claim

The rights of shareholders to a company's assets, typically after debts have been paid.

Net Income

Net Income is the total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.

Dividends

Rephrased: Payments made by a corporation to its shareholders, usually as a distribution of profits.