The Canadian health care system _____. a. is an example of a single-payer system b. provides universal coverage c. rations the use of specialists d. all of the above ANSWER d
User charges are identical to market prices. a. True b. False ANSWER b
Consider a policy proposal that aims to save small dairy farms by providing an annual lump sum subsidy to dairy farms with fewer than two hundred dairy cows. Why might this proposal pass, even if it benefits a few dairy farmers at the expense of the majority of voters? a. The program might only cost […]
Import taxes are levied to generate revenue and encourage imports. a. True b. False ANSWER b
When the government produces and sells water, some of the revenues earned represent taxation. a. True b. False ANSWER a
Special interests are _____ on political issues where they may receive concentrated benefits. a. stable b. cyclical c. rationally ignorant d. not rationally ignorant ANSWER d
Excise taxes constitute a large source of government revenue. a. True b. False ANSWER b
Medicare provides health care to _____. a. the elderly b. the needy c. the widowed d. the orphaned ANSWER a
The practice of medicine in the United States came under widespread regulation _____. a. before the Civil War b. between the Civil War and World War I c. between World War I and World War II d. after World War II ANSWER b
Voters have an incentive to be rationally ignorant of most political issues because _____. a. all candidates target the median voter b. political information is costly c. they are likely to be canceled out by another uninformed voter d. their vote is highly unlikely to change the outcome ANSWER c