The key elements of the Affordable Care Act (ACA) passed in 2010 included all of the following except:
a. a mandate that required every employer with over 50 full-time workers to provide a qualified health plan at an affordable price, or face penalties.
b. the establishment of insurance exchanges where individuals who did not have access to employer-sponsored insurance could receive subsidies to purchase private coverage.
c. a federal requirement that states extend Medicaid coverage to individuals with family income less than 138 percent of the federal poverty level.
d. expanded insurance regulations include guaranteed issue, guaranteed renewability, and no exclusions for pre-existing conditions.
e. price controls on brand name pharmaceuticals
e. price controls on brand name pharmaceuticals
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U.S. opponents of NAFTA argued that the agreement will hurt the United States. In their view, NAFTA's greatest harm will be its
A) harmonization of labor policies. B) harmonization of environmental policies. C) harmonization of the use of pesticides and herbicides. D) job destruction and downward pressure on U.S. wages. E) harmonization of product safety standards.
In every economic system, choices must be made because resources
A) are unlimited, but human desires and wants are limited. B) are limited, but human desires and wants are unlimited. C) are unlimited, and so are human desires and wants. D) are limited, and so are human desires and wants.
A textbook is a
a. private good and the knowledge that one gains from reading the book is a common resource. b. private good and the knowledge that one gains from reading the book is a public good. c. common resource and the knowledge that one gains from reading the book is a public good. d. common resource and the knowledge that one gains from reading the book is a private good.
Keynes believed equilibrium income was:
A. not fixed at the economy's potential income. B. always below the economy's potential income. C. fixed at the economy's potential income. D. always above the economy's potential income.