Author Question: Which of the following strategies does monetary policy dictate in inflationary periods? a. ... (Read 65 times)

geoffrey

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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

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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.



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