If the poor cannot afford proper medical treatment, an economist, for reasons of efficiency, would favor
A)giving the poor added income to spend as they see fit.
B)paying doctors bonuses to treat the poor.
C)paying the medical bills of the poor.
D)giving the poor "medical stamps."

Question

Quizplus · Accepted Answer

Giving the poor added income to spend as they see fit would allow them to prioritize their own healthcare needs based on their individual circumstances and preferences. This approach would be more efficient than paying doctors bonuses or medical bills directly, as it would encourage competition within the healthcare market and allow for market forces to determine prices and services. "Medical stamps" would also be less efficient, as they would create additional administrative costs and limit the flexibility of the poor to choose their own healthcare providers.

If the Poor Cannot Afford Proper Medical Treatment, an Economist