One problem with maximization of shareholder wealth as a goal is that it ignores risk taken by the
firm's financial decisions.
Indicate whether the statement is true or false
Question 2
Which of the following statements about the Medicare prescription drug benefit is (are) true?
I. Beneficiaries select a prescription drug plan and pay monthly premiums, with the premium reduced or waived for low-income beneficiaries.
II. The benefit provides first-dollar coverage of prescription drugs up to a maximum of 10,000 per year, but no coverage after 10,000.
A) I only
B) II only
C) both I and II
D) neither I nor II
