Which of the following statements about the 2014 Medicaid expansion is not true?
a. The expansion accounted for over 85 percent of the overall increase in the number of Americans with insurance coverage from 2014-2016.
b. The expansion included mandatory participation by the states until the Supreme Court ruled that the requirement was too punitive and thus unconstitutional.
c. Eventually, 30 states and the District of Columbia agreed to accept the 100 percent FMAP for the newly covered and expanded the program. The remainder have chosen not to participate.
d. The expansion was partially financed by a reduction in future Medicare spending.
e. It included a work requirement for able-bodied, working-aged adults without dependents.
e. It included a work requirement for able-bodied, working-aged adults without dependents.
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What will be an ideal response?
Refer to the above table. If opportunity costs are constant, then the United States and Mexico will produce goods in which they have a comparative advantage and trade at a rate of exchange of
A) 4 computers for 1 bicycle. B) 6 computers for 1 bicycle. C) 0.1 computer for 1 bicycle. D) 1 computer for 1 bicycle.
Which of the following statements about the velocity of money in the U.S. is correct? a. From 1915 to 1947, the velocity of M1 increased
b. From 1947 to 1973, the velocity of M1 decreased. c. The growth in the velocity of money was steady in the 1970s. d. The velocity of money has remained more or less stable post 1980s. e. ATM machines and credit cards have increased the velocity of money.
The budget constraint illustrates all of the combinations of goods and services that the consumer can afford
a. True b. False Indicate whether the statement is true or false