The individual mandate provision of the ACA requires
A) every employed person to pay for his or her own health insurance.
B) every U.S. resident to have health insurance.
C) every U.S. company to provide health insurance to its employees.
D) every private insurance company to provide free health care to its current policy holders.
B
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According to the Ricardian equivalence proposition, a government budget deficit created by a temporary tax cut
A) does not affect desired national saving. B) does not affect expected future taxes. C) reduces desired investment spending. D) increases the real interest rate.
Over the past 40 years, the most frequent target for the Fed's monetary policy has been the: a. prime interest rate
b. federal funds rate. c. M1 money supply. d. M2 money supply. e. required reserve ratio.
The contemporary consensus with regard to stabilization policy is that
a. fiscal policy is, for now, the "only game in town." b. fiscal policy is more effective than monetary policy. c. monetary policy is, for now, the "only game in town." d. monetary policy is slightly more effective than fiscal policy.
As air is a _____, pollution tends to occur
a. common resource b. private good c. club good d. merit good