Which of the Following Statements About Health-Care Systems Is Correct

question 82

Multiple Choice

Which of the following statements about health-care systems is correct?

• A) Most major nations do not have extensive government-funded insurance programs.
• B) U.S. expenditure per person on health care is near the middle of the range of expenditures made in major nations.
• C) Unlike other major nations, private health insurance is available only in the United States.
• D) In the United States, Medicare and Medicaid account for slightly less than 90 percent of total expenditures on health care.
• E) Every major country except the United States has a comprehensive national health-care system.

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Definitions:

Stimulate

To stimulate in economic context means to encourage or boost economic activity, often through monetary or fiscal policy, to spur growth and reduce unemployment.

Keynes

Refers to John Maynard Keynes, an economist who is best known for his theories on the causes of prolonged unemployment and the influence of aggregate demand on the economy.

Worldwide Depression

A prolonged period of economic downturn that affects multiple countries and economies around the globe.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to lenders over a period.