Rosen Finance 7th edition English with matching exercises and answers Chap010Test Bank to accompany Rosen’s Public Finance Seventh Edition Chapter 10 CHAPTER 10 – Social Insurance II Health Care Multi

n payment. e) a copayment.

Matching Questions

Match the following terms with their definitions:

9. Medicaid
10. Medicare
11. Adverse selection
12. Moral hazard

a) A government-run health insurance program for the elderly b) The tendency for high-risk individuals to be more likely to purchase insurance c) The tendency for individuals to engage in riskier behavior when they have insurance d) A government-run health insurance program for the poor

Answers:

1. a) adverse selection
2. c) Medicaid; Medicare
3. c) 13.2%
4. d) Medicare
5. d) all of the above
6. d) federal
7. c) 265.9
8. e) a copayment

Matching:

9. d) A government-run health insurance program for the poor
10. a) A government-run health insurance program for the elderly
11. b) The tendency for high-risk individuals to be more likely to purchase insurance
12. c) The tendency for individuals to engage in riskier behavior when they have insuranc