Solved

Government Payment of a Per-Unit Subsidy for Health Care Services

Question 342

Multiple Choice

Government payment of a per-unit subsidy for health care services causes the out-of-pocket price that consumers pay for care to be


A) less than the price that health care providers receive for providing care.
B) greater than the price that health care providers receive for providing care.
C) greater than the market clearing price without the subsidy.
D) equal to zero.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions