Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

1. Total federal revenues as a percent of GDP (Gross Domestic Product), since at least World War II, have remained just under

a. 20%

b. 40%

c. 10%

d. None of the above.

2. At least one critic of the comparison of revenues as a percent of GDP has stated that the median and average percentage for tax hike periods and tax cut periods were different by

a. 10%

b. 5%

c. 1%

d. None of the above.

3. In NFIB v. Sebelius, the first Obamacare case at the Supreme Court, Chief Justice Roberts writing for a the majority held that the amount to be paid under the individual mandate, if insurance was not purchased, was constitutional, despite the Congressional legislation calling the payment a penalty. Chief Justice Roberts wrote that the payment was constitutional

a. Under the Commerce Clause

b. As an enumerated power

c. As a tax

d. None of the above.

4. In King v. Burwell, the second Obamacare case at the Supreme Court, Chief Justice Roberts writing for the majority held that, although the Congressional legislation required a state exchange be established for residents of the state to be eligible for the Premium Tax Credit (PTC) to help pay for medical insurance, that

a. The federal exchange was sufficient for the PTC in a state which had not established a state exchange

b. A state exchange was required in the state for the PTC to be available in that state

c. The Court could not decide the political question better left to the legislature

d. None of the above.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91386847

Have any Question?


Related Questions in Business Economics

Do you think that the taxicab industry in large cities

Do you think that the taxicab industry in large cities would be subject to significant economies of scale? Why or why not?

You have a deck of magic the gathering cards with 60 cards

You have a deck of Magic the Gathering cards with 60 cards total. In the deck you have 20 Mana cards, 18 Spells, 3 Artifacts, 12 Creatures, 6 Enchantments and 1 Planes Walker. What is the probability that you draw 2 arti ...

Considera firm that faces thefollowingexpectedfuture

Consider a firm that faces the following expected future marginal product of capital: MPKf =1000- 2K Where MPKf is the expected future marginal product of capital and K is the capital stock. The price of capital, pk, is ...

A mixture of three water samples will test positive for a

A mixture of three water samples will test positive for a contaminant if at least one of the samples contains it. If the contaminant is present in 7% of samples, find the probability that: 1. The mixture tests positive: ...

1 in the united states many agricultural products such as

1. In the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsidizing these products? Instructions:  You may select more than one answer. Click the box w ...

Cowcor copr currently has 76 million in debt outstanding

COWCOR COPR currently has $76 million in debt outstanding with a 6% interest rate. The terms of the loan require it to repay $19 million of the balance each year. Suppose the marginal corporate rate is 40% and that the i ...

Some seem to believe that we should be pure maximizers

Some seem to believe that we should be pure maximizers. Others say that we do better as constrained maximizers. Which view does David Schmidtz endorse and why?

When comparing monopolization to monopolistic competition

When comparing monopolization to monopolistic competition in the wireless telecommunications world, what are some good differences to touch on in a short paper?

The cost of a starbucks grande caffe latte varies from city

The cost of a Starbucks Grande Caffe Latte varies from city to city. However, the variation among prices remains steady with a standard deviation of $0.26. A research was done to test the claim that the mean cost of a St ...

Im looking for someone to explain how to use excel for the

I'm looking for someone to explain how to use excel for the following questions based on the senario: Use 0.10 as the significance level (α). Conduct a one-sample hypothesis test to determine if the networks should annou ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As