The Affordable Care Act Has Had What Effect in California

question 2

Multiple Choice

The Affordable Care Act has had what effect in California?

• A) During the first six months over a million people purchased health insurance.
• B) It has had little or no impact.
• C) Fewer people have health insurance now than in 2012.
• D) It has driven down the cost of health insurance by over 50 percent.

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Definitions:

U.S. Dollars

The official currency of the United States, widely used for international transactions.

Future Rate

An expected rate for a financial instrument or an economic variable at a specified future date.

Fixed Exchange Rate

A government policy to maintain the value of its currency at a set rate against another currency or a basket of currencies.

Covariance

A measure used in statistics to determine how much two random variables change together, indicating the direction of their linear relationship.