| Direction: Study the following passage carefully and answer the questions given below: |
| Economic science is equipped with analytical tools for the allocation of resources that provide answers and solutions to problems of accessibility and efficiency in the production and distribution of goods and services. However, the economic concepts of demand, supply, production and distribution take on a special meaning when they refer to goods and services intended for the health of human beings. The United States is currently spending twice as much on healthcare per capita as every other advanced industrial nation, which negates the idea that healthcare is functioning like a normal competitive market. |
A) It requires more per capita than other sectors
B) It does not produce goods and services
C) It takes a special application to health sector
D) (b) and (c)
Correct Answer: C
Solution :
(c) Reasoning type: Comparative Reasoning Focus of the question: Argument Relationship analogy: Related Object Analogies Economic science deals with allocation of resources for accessibility and efficiency in the production and distribution of goods and services. When it comes to health sector, it takes on a special meaning to goods and services intended for the health of human beings
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