The State's Health Exchange That Was Set Up as Part

question 9

Multiple Choice

The state's health exchange that was set up as part of the Affordable Care Act is called ______.

• A)Medical Aid for Californians
• B)California Health Care Exchange
• C)Covered California
• D)Affordable Care Access Plan

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Definitions:

Consumer Spending

The total expenditures by households on goods and services, excluding new housing, which drives a significant portion of economic activity.

Income

The amount of money received on a regular basis through work or investments.

Multiplier Effect

The relative change in net income resulting from an addition or reduction in expenditure.

Crowding out

A situation in economics where increased government spending displaces private sector spending, either through higher taxes, higher interest rates, or borrowing.