What was the primary goal of the proponents of the Patient Protection and Affordable Care Act?
A. Improve the quality of care by reducing medical malpractice.
B. Reduce health care costs in the United States by 50 percent.
C. Make all U.S. health care publically (government) provided.
D. Extend health insurance coverage to all Americans.
Answer: D
Economics
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If an industry is monopolized by one firm, the four-firm concentration ratio equals
A) 1 percent. B) 25 percent. C) 40 percent. D) 100 percent.
Economics
Refer to Table 14-1. Suppose a transaction changes a bank's balance sheet as indicated in the T-account, and the required reserve ratio is 10 percent. As a result of the transaction, the bank has excess reserves of
A) $0. B) $400. C) $3,600. D) $4,000.
Economics