One argument offered by economists for having a Social Security system is that if there were no Social Security, workers might

Assume that you allocate your income to calzones and juice and that you have not yet spent your entire budget. If the marginal utility of a fourth calzone is 100 and the marginal utility of a third glass of juice is 50, you would

a. eat a fourth calzone because it has a higher marginal utility b. drink a third glass of juice because you've had less juice c. consider the total utility received so far from calzones and juice before deciding what to consume next d. consider the relative prices of calzones and juice before deciding what to consume next e. consider whether or not marginal utility is diminishing before deciding what to consume next

The key elements of the Affordable Care Act (ACA) passed in 2010 included all of the following except:

a. a mandate that required every employer with over 50 full-time workers to provide a qualified health plan at an affordable price, or face penalties. b. the establishment of insurance exchanges where individuals who did not have access to employer-sponsored insurance could receive subsidies to purchase private coverage. c. a federal requirement that states extend Medicaid coverage to individuals with family income less than 138 percent of the federal poverty level. d. expanded insurance regulations include guaranteed issue, guaranteed renewability, and no exclusions for pre-existing conditions. e. price controls on brand name pharmaceuticals