Author Question: Which of the following is not part of the taxes provision of the Patient Protection and Affordable ... (Read 92 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
Which of the following is not part of the taxes provision of the Patient Protection and Affordable Care Act (ACA)?
 
  A) Workers earning more than 200,000 pay higher Medicare payroll taxes.
  B) Investors earning more than 200,000 pay a new tax on their investment income.
  C) Pharmaceutical firms and health insurance firms pay new taxes.
  D) Beginning in 2018, all taxes on employer-provided health insurance plans will be reduced or eliminated.

Question 2

Describe the payoffs for an R&D game of chicken and contrast them with the payoffs in a prisoners' dilemma.
 
  What will be an ideal response?



yasmina

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

In the R&D game of chicken, a firm can use the R&D if either it conducts the R&D or if its competitor conducts the R&D. So if one firm conducts the R&D, it bears the cost and reaps the reward but the other firm reaps only the reward because it pays none of the costs. In a game of chicken, neither firm wants to do the R&Dboth firms would prefer that the other conduct the R&D. In the prisoners' dilemma R&D game, a firm can use the R&D only if it conducts R&D. If one firm conducts R&D, the firm incurs the costs of the R&D but then it alone reaps the rewards of the R&D. In this situation, both firms have the incentive to cheat on any agreement to restrict R&D because each firm knows that if it, and it alone cheats, its profit will increase.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library