Random errors in establishing the appropriate level of care (x*) will create an incentive for potential injurers to exercise more than the socially optimal amount of care. O True O False
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- What are some of the metrics economists use to measure health outcomes?Why is it difficult to measure health outcomes?The goal of health insurance is to O spread financial risk over a large group of people O equally distribute the probabifity of loss over a large number of people collect sufficient premiums to cover all possible losses O equalize the availability of medical care across population groups O redistribute income from the sick to the healthy