How will the federal government's new national health care program be funded?
A) The federal government will charge all participants of health insurance exchanges 3.8%.
B) Firms with at least 50 employees must pay an annual fine of up to $750 per employee regardless of coverage.
C) A tax rate of 3.8 percent will be assessed on nearly all earnings above $200,000 per year forindividuals and above $250,000 per year for married couples.
D) Nearly all U.S. residents will pay a fine of up to $750 per year for an individual (up to $2,250 per year for a family) regardless of coverage.
Answer: C
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Grace maximizes her utility by consuming both gourmet cookies and ice cream. If the price of a dozen cookies is three times that of a pint of ice cream, we would expect that: a. the total utility of a dozen cookies is three times that of a pint of ice cream
b. the total utility of a dozen cookies is one-third that of a pint of ice cream. c. the marginal utility of the last dozen cookies is three times that of the last pint of ice cream. d. the marginal utility of the last dozen cookies is one-third times that of the last pint of ice cream.
In his book The Other Path, de Soto suggests that countries will grow more quickly if governments limit entrepreneurship.
Answer the following statement true (T) or false (F)