The efficiency argument for government provision of health care is that
A) health care cannot be efficiently provided by private firms.
B) the government is best able to assess the level of provision for which marginal cost equals marginal benefit.
C) many poor people could not afford health care if they had to pay for it.
D) a healthy population is important to the smooth functioning of a country and its economy.
E) the government can provide health care up to that point where marginal benefit is zero.
Correct Answer:
Verified
Q90: Which of the following is required to
Q91: A mandatory health- insurance premium of a
Q92: An example of a government expenditure that
Q93: An excise tax causes because it distorts
Q94: The diagram below shows supply and demand
Q96: Since corporate income taxes are levied on
Q97: The debate about the appropriate balance between
Q98: The federal corporate income tax in Canada
Q99: The table below shows 2009 federal
Q100: Social and economic policies often involve a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents