Based on most observations, what are the effects on government budgets from the national health care program?
A) Tax revenues will not flow into the new program immediately.
B) The federal government ultimately will have to search for ways to reduce its health care expenditures.
C) Federal government expenditures on the program are being phased in immediately.
D) the federal government ultimately will lower taxes since the program's cost will decline over time.
Answer: B
You might also like to view...
Why does a new hardcover Stephen King novel have a higher price than the paperback edition?
A) It costs more to produce. B) The elasticity of demand differs. C) The publisher is more greedy when marketing the hardcover edition. D) The publisher is a price searcher on the hardcover editions and a price taker on the paperback editions.
Neutral policy with respect to choice architecture is:
A. not a clear concept across different choice scenarios. B. well established in all choice scenarios. C. the goal of all choice architects. D. generally regulated by state and federal government.
Consumer surplus increases as
a. the market price of a good decreases b. firms exit the market c. fewer consumers purchase a good d. taxes on a good increase e. a good is no longer available for sale
Spending VCU4 on real-world goods and services causes the nation's:
a. Monetary base to rise. b. M2 money supply to rise. c. M2 money multiplier to remain the same. d. M2 money supply to fall.