Which of the Following Statements Is True of Medicare

question 25

Multiple Choice

Which of the following statements is true of Medicare?

• A) Medicare pays for health-care services for low-income persons, irrespective of age.
• B) Medicare is now the government's second-largest domestic spending program, after Social Security.
• C) The Medicare program pays for nursing home expenses.
• D) The costs of Medicare are expected to decline over the next two decades with the retirement of baby boomers.
• E) Medicare is an example of federal discretionary spending.

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Definitions:

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Abilities or knowledge in specific fields, particularly related to science, engineering, technology, or other specialized areas.

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The quality that enables people to work hard and sustain interest in their long-term goals.

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Instances where companies cease operations due to their inability to generate sufficient revenue or manage their costs effectively.