Based Upon an Analysis and Review of Data in Table

question 20

Multiple Choice

Based upon an analysis and review of data in Table 11.3:

• A) The State with the highest uninsured rate in the country in 2016 was Texas
• B) The State with the lowest uninsured rate was Hawaii
• C) Hawaii did expand Medicare
• D) Texas did not expand Medicare
• E) a and b alone are true
• F) b and c alone are true
• G) c and d alone are true
• H) a, b, c and d are true
• I) None of the above are true

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Definitions:

Sherman Act

The Sherman Act is landmark federal legislation passed in 1890 aimed at promoting fair competition for the benefit of consumers by prohibiting monopolies and restrictive trade practices.

Franchise

A type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor's) proprietary knowledge, processes, and trademarks in order to allow the party to sell a product or provide a service under the business's name.

Tying Arrangement

A business practice where the sale of one product is linked to the compulsory purchase of another, often scrutinized under antitrust laws.

Tying Arrangement

A business practice where the sale of one product or service is conditioned on the purchase of another product or service.