Economists John Cogan, Glenn Hubbard, and Daniel Kessler have estimated that repealing the tax preference for employer-provided health insurance would
A) increase overall spending on health care as consumers would have to pay a higher price for medical services.
B) reduce spending by people enrolled in these programs by 33 percent.
C) significantly reduce the effectiveness of the health care received by those enrolled in these programs.
D) drive up prices for health care coverage since insurance reimbursements to doctors would be reduced.
B
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Caitlin has just decided to order a computer that is made in Japan. She needs to convert U.S. dollars for Japanese yen. This conversion takes place in the
A) International Monetary Fund. B) target zone. C) foreign exchange markets. D) SDRs.
A flat tax plan with a standard deduction of $25,000 in income and a tax rate of 20% would require an individual earning $100,000 to pay $15,000 in income taxes
a. True b. False Indicate whether the statement is true or false