The expenses not covered by Medicare coverage are referred to as __________
a) Medigaps
b) Long-term care
c) Balanced Budget Act
d) Medicaid
Answer: A
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Anarchism is
A. An ideology that developed out of the Industrial Revolution advocating governmental concern with individuals' quality of life, includ¬ing educa¬tion, medical care, and standard of living. B. a belief that all forms of government interfere with individual rights and should be abolished. C. a theory that believes in government ownership and regulation of the major means of production, and that the government should regulate all sectors of the economy. D. a belief that advocates a close degree of cooperation between the government and labor and business groups in the formation of economic policy.
The economist credited with the idea of comparative advantage is _____
a. Adam Smith b. David Ricardo c. John Maynard Keynes d. Milton Friedman