The 1974 federal legislation that exempted employers from certain state laws governing health insurance was
a. COBRA
b. ERISA
c. CON
d. HIPAA
e. SCHIP
B
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If real GDP in a small country in 2015 is $8 billion and real GDP in the same country in 2016 is $8.3 billion, the growth rate of real GDP between 2015 and 2016
A) is 3.0%. B) is 3.6%. C) is 3.75%. D) cannot be determined from the information given.
Who would receive payments from the government under a negative income tax system?
a. everyone b. only people with no earnings c. only people with incomes below a certain level d. only people with incomes above a certain level
Consumer surplus can be measured as the area between the demand curve and the supply curve
a. True b. False Indicate whether the statement is true or false
As the Fed responded to the financial crisis that followed the collapse of the housing market, certain banks were deemed too:
A. large to fail, and were consequently purchased by the government. B. small to fail, as they were easy to save. C. large to stay afloat, as they would be too costly to save. D. large to fail, as their failure would carry the risk of causing a domino effect in the highly integrated financial system.