Author Question: Sarah is a 27-year-old graduate student pursuing a master's degree in political science. She has ... (Read 147 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
Sarah is a 27-year-old graduate student pursuing a master's degree in political science.
 
  She has never purchased health insurance for herself and, frankly, would prefer not to, given that she has enjoyed good health and would like to avoid paying insurance premiums. If she chose not to purchase insurance in 2014, what would be the likely consequence?
 
  a. She will be fined by the federal government.
  b. She will not face any consequences; there is no legal requirement for purchasing health insurance.
  c. She will receive a warning letter from the federal government. If she still does not have insurance in one year, she could face minor criminal charges.
  d. She will be fined by the state government.

Question 2

Discuss the historical trend of regulation in the United States. Why do we regulate the economy and economic sectors, and are there any associated costs? Should the United States continue the identified trend? Why or why not?
 
  Answer:



dajones82

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

Answer: a

Answer to Question 2

An ideal response will:
1. Assert that the historical trend has been one of increasing regulation across an expanding spectrum of sectors.
2. Explain how free market systems can create unfair advantages for certain industries that try to gain control of their sector of the market, and therefore, regulations have a public benefit.
3. Discuss the nature of some of those benefits, including but not limited to better working conditions, cleaner environments, safer consumer products, and increased economic competition.
4. Describe how regulations often have a negative effect on business, including increasing the costs for business in terms of labor, materials, and compliance.
5. In the context of the first point, make a strong claim as to whether that trajectory should continue, specifically connecting either the aforementioned costs or benefits to this argument.
6. Provide a concise and effective conclusion.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

For a complete list of videos, visit our video library