Author Question: Which of the following strategies does monetary policy dictate in inflationary periods? a. ... (Read 54 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
Which of the following strategies does monetary policy dictate in inflationary periods?
 
  a. Congress should increase spending.
  b. Congress should raise taxes on citizens.
  c. The Federal Reserve should lower interest rates.
  d. The Federal Reserve should raise interest rates.

Question 2

Why are young Americans (between 19 and 35) disproportionately uninsured?Why does this situation increase overall health care costs for those who are insured?
 
  What will be an ideal response?



lindahyatt42

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

d

Answer to Question 2

An ideal response will:
1, Explain that health insurance usually costs considerable sums of money and young people often lack discretionary income.
2, Explain that young people are less likely to have jobs that provide health insurance.
3, Discuss the fact that young people are less likely to become seriously or chronically ill but are more likely to be injuredespecially at work or in traffic accidents.
4, Explain that young people generally receive emergency treatment, which is very expensive, and when they do not pay the costs are passed along to those who are insured in the form of higher hospital costs.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

For a complete list of videos, visit our video library