The Patient Protection and Affordable Care Act (ACA) is scheduled ________, at which point more than 30 million additional individuals are expected to have health care coverage
A) to be completely in place in 2016 B) to be phased out by 2015
C) to be phased in over the next 20 years D) to be fully implemented by 2019
D
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One way of reducing the moral hazard problem in the automobile insurance market is for drivers to
A) carry high deductibles. B) carry no deductibles. C) all have good driving records. D) never make any claims.
List three reasons why oligopolies are considered to be inefficient
What will be an ideal response?
Of the following high-income countries, which has the lowest mortality ratio for cancer?
A) Canada B) Japan C) the United Kingdom D) the United States
If the unemployment rate in the economy is steady at 4 percent per year, how does the short-run Phillips curve predict that the inflation rate will be changing, if at all? What will happen if the unemployment rate now rises to 7 percent per year?
Assume there are no changes to inflation expectations. Provide an appropriate graph to support your discussion.