Which of the following is not part of the "regulation of health insurance" provision of the Patient Protection and Affordable Care Act (ACA)?
A) Individuals with pre-existing medical conditions are able to acquire health insurance.
B) All policies must provide coverage for dependant children up to age 26.
C) Limits on the size of deductibles and on waiting periods before coverage takes effect have been eliminated.
D) Lifetime dollar maximums on coverage are prohibited.
C
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At a given price, a surplus occurs when
a. the quantity demanded is more than the quantity supplied. b. the quantity demanded is the same as the quantity supplied. c. the quantity supplied is less than the quantity demanded. d. the quantity supplied is greater than the quantity demanded.
The difference between a tariff and a quota is that the revenue from the tariff goes to the
A) domestic consumer. B) domestic producer. C) domestic government. D) foreign producers. E) foreign government.