The Affordable Care Act, signed by President Obama in 2010, attempted to solve the health care poverty problem by
A. increasing the income thresholds for Medicaid eligibility.
B. requiring all employers to offer free health care to their employees.
C. creating a single-payer system in which the government pays for all medical care.
D. offering tax credits and subsidies to help low-income households afford insurance.
Answer: D
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The value of goods produced in a previous year but sold in the current year is added to the GDP for the current year
Indicate whether the statement is true or false
The above figure shows the production possibility frontier for a country. What is the opportunity cost per ton of rice to move from point D to E?
A) 3000 bottles of wine B) 333 bottles of wine C) 3 bottles of wine D) 1/3 of a bottle of wine E) None of the above answers is correct.
Which of the following will discourage investment?
What will be an ideal response?
Which of the following will cause the Phillips curve to shift to the left?
A. Job search assistance. B. Increasing the marginal tax rate on excess profit. C. Increasing regulation in the economy. D. Attacks by terrorists.