Author Question: The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (ACA) ... (Read 100 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (ACA) will increase government spending
 
  A) by more than the additional taxes and fees enacted under the law will bring in.
  B) by less than 50 billion over the next decade.
  C) by about 2 trillion over 10 years.
  D) by more than 20 trillion dollars over the next 5 years.

Question 2

If the demand curve for a product is vertical, any tax increase on the product is paid for entirely by the consumer.
 
  Indicate whether the statement is true or false


Sammyo

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

For a complete list of videos, visit our video library