Mid-1960s amendments to the Social Security Act created
a. managed care.
b. Medicare and Medicaid.
c. major medical insurance.
d. Blue Cross and Blue Shield.
e. tax exemptions for health insurance as an employee benefit.
B
You might also like to view...
A tax system in which the tax rate on everyone's first $10,000 of income is 10 percent, the tax rate on everyone's second $10,000 of income is 15 percent, and the tax rate on all income over $20,000 is 25 percent is a(n):
a. proportional tax. b. equitable tax. c. head tax. d. unit tax. e. progressive tax.
You want to have $100,000 in five years. If the interest rate is 8 percent, about how much do you need to have today?
a. $66,225.25 b. $67,556.42 c. $68,058.32 d. $71,428.57
A monopolist earning economic profit in the short run determines that at its present level of output, marginal revenue is $23 and marginal cost is $30. Which of the following should the firm do to increase profit?
A. Raise price and lower output. B. Lower price and lower output. C. Raise price and raise output. D. Lower price and raise output.
For a bank to earn as much profit as possible, its excess reserves should be:
A. equal to its required reserves. B. as small as possible. C. less than its vault cash. D. growing at a constant rate.