The Affordable Care Act incorporated many of the features of one of the countries featured in this chapter: mandatory age-rated premiums sold in health insurance marketplaces by private insurance companies, income-based subsidies to make policies more affordable, and a tiered system of plans offering different provider networks, deductibles, and copays. Which country?
a. Germany
b. France
c. United Kingdom
d. Japan
e. Switzerland
e. Switzerland
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Use the figure below to answer the following question. The case of complementary goods is represented by figure
A. 1. B. 2. C. 3. D. 4.
Which of the following is NOT an inference of the rational expectations hypothesis?
A) Government policy actions have no real effects in the short run unless the actions are unanticipated. B) Government policy actions have no real effects in the long run. C) Government policy actions that are anticipated have no real effects in the short run. D) Government policy actions that are unanticipated have no monetary effects in the short run.
In the strategic view of bargaining the outcome depends on
a. Who makes the first move b. Who can commit to a position c. Whether or not the other party can make a countermove d. All of the above
The vicious circle of poverty refers to the fact that LDCs are poor because other countries do not want to buy their goods and services
a. True b. False Indicate whether the statement is true or false