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Which of the following best describes the results of the RAND Health Insurance Study? A.The price elasticity for health care is .25 B.Individual patient demand
- Which of the following best describes the results of the RAND Health Insurance Study?
- A.The price elasticity for health care is .25
- B.Individual patient demand responds to the level of cost sharing
- C.Changes in coinsurance have little effect on the quantity of service demanded
- D.Individual patient demand is not responsive to the level of cost sharing
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Macroeconomics
Authors: Stephen d. Williamson
5th Canadian edition
133847144, 9780134604794 , 978-0133847147
