Medicaid is available to all over 65, including those not poor
Indicate whether the statement is true or false
F
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All of the following are part of the "taxes" provision of the Patient Protection and Affordable Care Act (ACA) except
A) investors earning more than $200,000 pay a new tax on their investment income. B) workers earning more than $200,000 pay higher Medicare payroll taxes. C) beginning in 2018, all taxes on employer-provided health insurance plans will be reduced or eliminated. D) pharmaceutical firms and health insurance firms pay new taxes.
For a person to have a comparative advantage in producing a product, he must be able to produce that product at a higher opportunity cost than his competitors
Indicate whether the statement is true or false
Which of the following best describes consumer surplus?
a) The price consumers are willing to pay for a unit. b) The cost of providing a unit. c) The profits made by a firm. d) The difference between the price a consumer pays for an item and the price he/she is willing to pay.
The Case-Shiller index is normalized to equal 100 in January
A) 1999. B) 1990. C) 2000. D) 2001.