Which of These Is Associated with the Rise of Affordable

question 11

Multiple Choice

Which of these is associated with the rise of Affordable Care Act (Obamacare) premiums?

• A)too many young people enrolled
• B)doctors began to charge much more for services
• C)too many healthy people enrolled
• D)too many sick people enrolled

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Definitions:

Initial Cost

Typically refers to the acquisition price of an asset or investment, including all expenses incurred to bring it to its intended use.

Investment

The action of dedicating financial resources in expectation of gaining profits or income.

Discounted Payback Period

The time it takes to recoup an investment considering the time value of money, by discounting future cash flows to present value.

Market Value

The immediate cost at which services or assets are exchangeable in a free trading market.