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Suppose that a Beveridge nation has adopted the gatekeeping practice with their queuing policy. If you notice long wait times it could be: C that

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Suppose that a Beveridge nation has adopted the gatekeeping practice with their queuing policy. If you notice long wait times it could be: C that the demand for some treatment declines over wait time (perhaps they acclimate to their condition or find effective at home remedies), and so the treatment less valuable. In this case, the line does not necessarily represent a large welfare loss. O a sign of large social loss if the gatekeepers are perfectly (or near perfect) able to distinguish "U" from "W" patients. any of the answer choices could be correct O that the gatekeepers cannot distinguish between "U" and "W" patients effectively. In this case, long wait times may not necessarily be a sign of large social loss

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