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  3. Microeconomics Study Set 20
  4. Quiz 7: The Economics of Health Care

Some Economists and Policymakers Who Are in Favor of Government-Provided

Question 146
Multiple Choice

Some economists and policymakers who are in favor of government-provided health care believe that providing health care will generate A) additional moral hazard. B) positive externalities. C) greater asymmetric information. D) more adverse selection.

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Q 147
Economists who support market-based reforms for health care believe that increased competition among providers of health care would ________ costs and ________ economic efficiency. A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease
Q 148
A goal of market-based reforms of the health care system is to give patients an incentive to pay more attention to the prices of medical services.This would tend to ________ economic efficiency by ________ the costs of medical services A) increase; increasing B) increase; decreasing C) decrease; increasing D) decrease; decreasing
Q 149
Most employees ________ pay taxes on the value of health insurance provided by employers,and most people ________ get a tax break when buying individual health insurance policies. A) do; do B) do; do not C) do not; do D) do not; do not
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