Which one of the following provisions included in the Affordable Care Act (ACA) was responsible for the largest number of newly insured?
a. Insurance regulation that required coverage for individuals with pre-existing conditions
b. Creation of the health insurance exchanges (later called marketplaces)
c. Individual mandate
d. Employer mandate
e. Expansion of Medicaid
e. Expansion of Medicaid
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The dominant factor affecting medical care delivery and finance in the 1990s was
a. the Hill-Burton Act. b. prospective payment for hospitals. c. creation of Medicare and Medicaid. d. the explosive growth of managed care. e. ERISA.
If the reserve requirement is 10%, and a depositor withdraws $1,000 from a bank, the bank's excess reserves will change by:
a. -1,000 b. +1,000 c. -100 d. -900 e. +900
Suppose demand decreases, but there is no change in supply. As the market reaches its new equilibrium:
A. excess supply will lead the price to rise. B. excess demand will lead the price to fall. C. excess supply will lead the price to fall. D. excess demand will lead the price to rise.
Refer to the above data. How many units of the two products will the consumer purchase?
A) 3 of L and none of M B) 4 of L and 2 of M C) 3 of L and 5 of M D) 2 of L and 3 of M