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15. Health care like any other good involves the use of scarce resources and it has an opportunity cost. a true b. false 16. John

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15. Health care like any other good involves the use of scarce resources and it has an opportunity cost. a true b. false 16. John Stossel's contention that there should be less reliance on health insurance is part of his argument for government intervention in health care a. Less b. More c. Canadian type of 17. Having insurance pay for health care makes consumers aware ofthe actual cost of health care. a. more b. less 18. Paul Krugman's article on the limitations of free market in medical care suggests that the medical care market has asymmetrical (the opposite of symmetric) knowledge In favor of the a. Buyer b. Seller 0. Government (1. Both A) and C) are correct

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