Author Question: The Congressional Budget Office estimates that the Patient Protection and Affordable Care Act (ACA) ... (Read 77 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?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

For a complete list of videos, visit our video library