In 1983 the government introduced Medicare.This is an example of
A)normative versus positive economics.
B)the government using economic tools to make policy decisions.
C)increasing the marginal benefit of health care.
D)increasing the marginal cost of health care.
E)answering the 'how?' question.

Question

Quizplus · Accepted Answer

The introduction of Medicare by the government is an example of the government using economic tools, such as policy decisions, to improve the healthcare system.

In 1983 the Government Introduced Medicare