Exam 18: The Economics of the Welfare State

Becky works for a large grocery store that provides a health insurance program to all workers.This is an example of:

Which country has a health care system that directly employs health care workers and runs hospitals and clinics that are free to the public?

Medicare is health insurance coverage provided to:

A way in which health care in the United States does NOT differ from health care in other wealthy countries is that:

Means-tested programs:

In 2016,the poverty threshold for a household with one person was:

The poverty threshold is adjusted each year to reflect:

The adverse selection death spiral occurs when private insurance companies:

Medicaid is funded by:

Some countries,including Canada,have adopted a health care system in which the government pays the medical bills.This is known as a(n)_____ system.

Payments from the government to assist individuals are called:

In the United States and other wealthy countries,a large part of the welfare state is devoted to payments for:

Critics of Aid to Families with Dependent Children argue that it creates perverse incentives such as:

In most wealthy countries,excluding the United States,the government pays _____ of medical costs.

Programs associated with the welfare state are believed to cause deadweight loss since they:

An advantage of employment-based insurance is that it:

Compared with a generation ago,the monetary benefits from public aid programs,adjusted for inflation,are:

The problem with community rating is that it:

Poverty tends to be more prevalent for those over age 65 than for those under age 18.

_____ programs are designed to provide benefits to people whose income falls below some minimum.