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Suppose you are a consultant advising the U.S. government on reducing national health care spending. Assuming that providers will accommodate patient desires, what advice could
Suppose you are a consultant advising the U.S. government on reducing national health care spending. Assuming that providers will accommodate patient desires, what advice could you offer concerning the implementation of a price ceiling? O a. A binding price ceiling will always reduce total spending. O b. Total spending may rise if providers intensify services and create new technology for the uncontrolled sector. O c. A binding price ceiling will always increase total spending. O d. Total spending will not change, Ole. Total spending will fall as long as adequate resources are dedicated to the enforcement of the price celling
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