Author Question: The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (ACA) ... (Read 110 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?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library