Health savings accounts (HSAs) implemented by the 2003 Medicare law:
A. are only available to those enrolled in Medicare.
B. allow workers to accumulate untaxed dollars for payment of qualified medical expenses.
C. are criticized because they require workers to "use it or lose it" each year; workers are not
allowed to accumulate balances over time.
D. can only be used to pay for prescription drugs.
Answer: B
You might also like to view...
How should we evaluate the initiatives?
When the economy suffers a temporary negative supply shock and the monetary policy makers try to stabilize economic activity in the short run, then
A) aggregate demand curve shifts rightward. B) output will be at its potential. C) inflation rate will be higher. D) all of the above. E) both A and B.
Maria wishes to buy gasoline and have her car washed. She finds that if she buys 9 gallons of gasoline at $2.50 per gallon, the car wash costs $2, but if she buys 10 gallons of gasoline, the car wash is free. For Maria, the marginal cost of the tenth gallon of gasoline is
A) $2.50. B) zero. C) $2.00. D) 50 cents.
The In the News article titled "Great Recession Officially Ended Last Year" states that the recession that started in December 2007 lasted until June 2009. The National Bureau of Economic Research took over a year to announce that the recession had ended. This suggests that
A. Measurement difficulties prevent policy makers from identifying what is happening in the economy. B. Economists could not agree on policy priorities. C. There are significant lags in response to policy. D. The political business cycle is to blame for the economic situation.