In 2014, Medicaid and the Children's Health Insurance Program, combined, covered
A. only families able to pay the high fees.
B. only children and no adults.
C. 44 million children and 27 million adults.
D. relatively wealthy families.
Answer: C
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if the govt levies $20 billion in taxes to finance additional spending on military weapons, the net impact on total employment will be
What will be an ideal response?
Which is true with respect to the demand data confronting a monopolist?
A. Demand is perfectly price inelastic. B. Price increases as the output of the firm increases. C. Marginal revenue is less than price. D. Marginal revenue increases as price decreases.
An increase in the marginal propensity to import will cause
A) the ZZ line to become flatter and a given change in government spending (G) to have a larger effect on domestic output. B) the ZZ line to become flatter and a given change in government spending (G) to have a smaller effect on domestic output. C) the ZZ line to become steeper and a given change in government spending (G) to have a larger effect on domestic output. D) the ZZ line to become steeper and a given change in government spending (G) to have a smaller effect on domestic output.
The total amount of taxes paid divided by before-tax income is the
A) median taxpayer rate. B) rate of hysteresis. C) average tax rate. D) marginal tax rate.