2. The law of increasing opportunity costs:

Group of answer choices

a. Explains the shape of the production possibility frontier.

b. Reflects the fact that resources are not perfectly substitutable in alternative production.

c. Is due to rising prices of inputs.

d. a&b

e. All of the above.

4. According to Uwe Reinhardt, growing income inequality is:

Group of answer choices

a. A necessary consequence of our market-based health care system.

b. Creates incentives for individuals to drop their health insurance coverage.

c. Is a reason why health care is unaffordable for many individuals.

d. Reflects the growth in income for medical care providers.

7. Improved medical care technology applied to office visits can:

Group of answer choices

a. Produce the same level of visits with fewer medical care inputs.

b. Produce a greater level of visits with the same level of medical care inputs.

c. Can result in substitution of one treatment for another.

9. According to Mark Pauly, we should worry about rising medical spending when:

Group of answer choices

a. The value of medical care exceeds its opportunity costs.

b. When rising medical care prices reflect the market power of providers.

c. When medical care spending continues to rise despite implementing health care policies.

d. When new technologies increase the price of medical care.

d. All of the above.

13. According to Rawls, inequality in health care and other goods among the population can be justified:

Group of answer choices

a. Since hard-working individuals ought to be able to purchase more health care and other goods than low income individuals.

b. If such inequality works to enhance the welfare of those least well off.

c. Since high income individuals willingly pay more taxes to support public programs.

d. Only if resources cannot be distributed equally among the population.