Multiple Choice
Medicare subsidies will cause people to
A) perceive the price they pay per unit of medical services to be lower than the price received by the provider.
B) perceive the price they pay per unit of medical services to be higher than the price received by the provider.
C) perceive the price they pay per unit of medical services to be exactly equal to the price received by the provider.
D) demand fewer services.
Correct Answer:
Verified
Correct Answer:
Verified
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