Which of the following government aid programs exists to provide medical insurance to certain low-income people, including those living below the poverty line?
a. Medicare
b. Social Security
c. Medicaid
d. Supplemental Security Income
c. Medicaid
Medicaid provides medical insurance for certain low-income people, including those below the poverty line, with a focus on families with children, the elderly, and the disabled.
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Use the following data to answer the next question. The disposable income (DI) and consumption (C) schedules are for a private, closed economy (an economy with no government and no international trade). All figures are in billions of dollars.Disposable IncomeConsumption$0$88080160152240224320296400368The marginal propensity to save in this economy is
A. 0.9. B. 0.1. C. 0.8. D. 0.72.
Which of the following appears on the asset side of a bank's balance sheet?
a. Excess reserves. b. Loans. c. Required reserves. d. All of the above.
spot exchange
What will be an ideal response?
Externalities are effects of a transaction on
A. the sellers but not the buyers. B. the buyers but not the sellers. C. someone other than the buyer or seller. D. the buyers and sellers.