The provision of the Patient Protection and Affordable Care Act (ACA) which states that, with limited exceptions, every resident of the United States must have health insurance that meets certain basic requirements is the ________ provision
A) employer mandate
B) state health insurance marketplaces
C) individual mandate
D) regulation of health insurance
Answer: C
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One of the major functions of financial markets is to help people reduce risk. Describe two financial methods people can use to reduce their exposure to risk
What will be an ideal response?
If two bundles are on the same indifference curve, then
A) the consumer derives the same level of utility from each. B) the consumer derives the same level of ordinal utility from each but not the same level of cardinal utility. C) no comparison can be made between the two bundles since utility cannot really be measured. D) B and C.
Under the Temporary Aid to Needy Families (TANF program), work activities are defined to include:
A. vocational training. B. community service. C. on-the-job training. D. All of these
In a monopolistically competitive market there are
A. many firms producing totally different products. B. many firms producing similar but not identical products. C. many firms producing an identical product. D. few firms producing identical products.