Explain What Makes the Patient Protection and Affordable Care Act

question 79

Essay

Explain what makes the Patient Protection and Affordable Care Act (PPACA) a macro-level policy.

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Definitions:

U.S. GDP Per Capita

A measure that divides the Gross Domestic Product of the United States by its total population, indicating the average economic output per person.

Average Rate

The mean value calculated by dividing the sum of rates by the number of rates, often used in finance to determine interest rates or growth rates.

Percent

Percent is a mathematical term describing a fractional number out of 100, used to denote proportions, rates, or comparisons.

Technological Change

The development and application of new technologies and improvements in production processes, products, or services.