Which one of the following statements is true about the Affordable Care Act?
a. The final version of the ACA passed without a single Republican voting for its passage.
b. The final version of the bill that passed was closer to the House version than the Senate version.
c. As proponents promised, only high-income taxpayers are paying the new taxes included in the legislation.
d. The typical family is now paying less for their health insurance thanks to the strict health insurance regulations included in the act.
a. The final version of the ACA passed without a single Republican voting for its passage.
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Real GDP is $1,400 billion and nominal GDP is $1,800. The GDP price index equals
A) 100.0. B) 2.86. C) 77.0. D) 222.2. E) 128.6.
The quantity of loanable funds demanded increases if the real interest rate falls, all other things remaining the same, because the real interest rate
A) is the opportunity cost of investment. B) is not related to the price of bonds and stocks. C) affects the supply of saving which, in turn, determines the quantity of investment. D) affects the quantity of saving supplied. E) determines the cost of living.