Author Question: The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (ACA) ... (Read 79 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?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

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.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library