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If the U.S. moves to a single-payer health care system, i.e. the government pays all the cost of health care which is financed by taxation,
If the U.S. moves to a single-payer health care system, i.e. the government pays all the cost of health care which is financed by taxation, would this shift change the economic system of the U.S.?
Please briefly discuss it from the perspective of 5 institutions that determine the economic system from Lecture 2. Please analyze which institution matters the most in this shift.
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