Recall the Application about the effects of increasing state level Earned Income Tax Credit (EITC) on child health in the United States to answer the following question(s).Recall the Application. How does EITC affect government health expenditures?
A. EITC raises private insurance coverage, causing a corresponding decrease in public health insurance expenditures in Medicaid and Children's Health Insurance Program (CHIP).
B. EITC has no effect on public health insurance expenditures in Medicaid and Children's Health Insurance Program (CHIP).
C. EITC raises private insurance coverage and a similar increase in public health insurance expenditures in Medicaid and Children's Health Insurance Program (CHIP).
D. EITC lowers private insurance coverage, causing a corresponding increase in public health insurance expenditures in Medicaid and Children's Health Insurance Program (CHIP).
Answer: A
You might also like to view...
Higher income countries are more likely to have _____________ returns to their investments and must continually invent new technologies, which allows lower-income economies to have a chance for convergent growth.
a. marginal b. increasing c. diminishing d. stagnant
Michael Jordan averaged 35 points per game over a 100-game season. During the playoff round of 10 games, he averaged 50 points, and in the five-game championship series, he led the Chicago Bulls to victory, averaging 40 points. For the entire season, how many points did Jordan score, what was his average, and did the championship series pull his previous average up or down?
When the wage rate falls, if the substitution effect outweighs the output effect, the use of machinery will
A. rise. B. fall. C. remain the same.
“Underground” economic activity can best be described as
A. the construction of subway transportation. B. the building of foundation structures for skyscrapers. C. the mining and oil industries. D. barter or cash activity that is not reported as income.