The availability of health insurance tends to
A) decrease the quantity of health care demanded and cause an underallocation of resources to the health care industry.
B) increase the quantity of health care demanded and cause an underallocation of resources to the health care industry.
C) increase the quantity of health care demanded and cause an overallocation of resources to the health care industry.
D) decrease the quantity of health care demanded and cause an overallocation of resources to the health care industry.
Correct Answer:
Verified
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