Richard gaziano is a manager for health care, inc. health care deducts social security, medicare, and fit (by percentage method) from his earnings. assume a rate of 6.2% on $118,500 for social security and 1.45% for medicare. before this payroll, richard is $1,000 below the maximum level for social security earnings. richard is married, is paid weekly, and claims 2 exemptions. what is richard’s net pay for the week if he earns $2,100?

Acompetitive market in healthcare would a. overprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers b. underprovide healthcare because it would eliminate medicare and medicaid c. underprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers d. overprovide healthcare because it would be similar to the approach used in canada