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Louis max j

Anyone’s good in economic??? I only have an idea about the first question?

Member since: September 03, 2006

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Superman

S I’m stucked on these questions!!! i was thinking about B C D. I’m only in highschool.?

1Defensive medicine:

a. solves the moral hazard problem.

b. increases the demand for health care.

c. solves the principal-agent problem.

d. is the same as preventive medicine

2 The equality-efficiency tradeoff refers to:

a. the conflict between risk averters and risk takers.

b. the willingness of Congress to abandon existing welfare programs in favor of a comprehensive plan to increase education and training for low-income persons.

c. possible conflicts between the goals of economic efficiency and greater income equality.

d. the difference between the goals of income equality and equality of economic opportunity.

3 Sam decides to join the Gigantic State University’s rugby team when he learns that his health insurance will pay for any subsequent injury. This illustrates:

a. the diagnosis-related-group system.

b. a “pay or play” system.

c. the moral hazard problem.

d. the Coase theorem.

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Jack

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WHOA, what high school do you go to? man! I would look up keywords in the index of your book or online somewhere if you don’t have a textbook. Maybe that will lead you to the answers. Good luck, I hope you pass.
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