A Federal and State Program That Uses General Revenues to Fund

question 1

Multiple Choice

A federal and state program that uses general revenues to fund health care for the poor is called

• A)Medicare.
• B)Medicaid.
• C)managed care.
• D)third-party payments.

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Definitions:

International Trade

The trade of products, services, and funds across borders or territories of different countries.

Autarky Price

The price of a good or service within a country that is not involved in trade; the domestic price in the absence of international trade.

Autarky Price

The price of a good in a country when it is closed to international trade, reflecting the balance of domestic supply and demand.

International Trade

The exchange of goods, services, and capital between countries or territories.