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Some advocates have suggested that the U.S. should move to a universal health care plan paid for at the federal level like Medicare, which would
Some advocates have suggested that the U.S. should move to a universal health care plan paid for at the federal level like Medicare, which would be funded out of general tax revenues. Such a plan, it is argued, would guarantee quality health care to all. Ignoring all the controversy surrounding such a plan, would the introduction universal health care plan paid for from tax revenues have an impact on short-run aggregate supply? On long run aggregate supply? Why or why not?
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