What mechanism will be established for the PPACA so that individuals can buy health insurance?
What will be an ideal response?
Insurance exchanges that are government-regulated will be established in each state so individuals can shop for their own insurance and more competition can be introduced into the private insurance market. Regulators cannot set prices but they can deny price increases that are not justified based on higher costs.
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You own shares in a well-managed and diversified company. If a booming economy decreases investors' concerns about market risk, then the price of your shares will ________, holding other factors constant.
A. decrease. B. not change. C. increase. D. either increase or decrease.
Explain the 1992 crisis that led to the breakdown of the European Union's Exchange Rate Mechanism. What disadvantages of exchange-rate targeting were exhibited during this crisis?
What will be an ideal response?
Education is a good example of a positive externality because the benefits of an education accrue not only to the individual, but also to society as a whole
a. True b. False Indicate whether the statement is true or false
The proportion of deposits that banks are legally required to deposit with the central bank are called:
a. discount requirements b. deposit requirements c. reserve requirements d. monetary requirements