Which of the following statements about health insurance is true?
A. Medicare is a government program set up to cover the medical expenses of low-income families and individuals with disabilities.
B. Medicaid is a government program set up to cover the medical expenses of older citizens.
C. For employer-provided health insurance plans, the employee generally pays the bulk of the costs, while the employer covers 10 or 20 percent of the overall insurance expenses.
D. Low-income workers are less likely than high-income workers to be covered by an employer health plan.
Answer: D
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What explains the sharply divergent long-run growth patterns?
What will be an ideal response?
A positive economic statement is one that
A) can be refuted. B) is free of the ceteris paribus assumption. C) is based on a value judgment. D) asserts something about the role of moral behavior in building a strong economy.