Which of the Following Statements Is True About the Medicaid

question 2

Multiple Choice

Which of the following statements is true about the Medicaid program?

• A) Eligibility standards are uniform across states.
• B) The program is totally funded by federal tax revenues.
• C) Everyone in the poverty-level population is eligible for benefits.
• D) About 20% of total outlays are for nursing home and home health care for the elderly.
• E) All of the above are true.

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Definitions:

Dumping

The practice of a company selling a product in a foreign market at a price lower than its market cost or below the production cost, often to increase market share or drive out competition.

Multilateral Investment Guarantee Agency

An international financial institution that offers political risk insurance and credit enhancement to investors and lenders to encourage investment in developing countries.

World Bank

A global financial organization that offers loans and grants to less wealthy nations to help them undertake capital projects.

Developing Nations

Countries with a lower standard of living, underdeveloped industrial base, and low Human Development Index relative to other countries.