Which Statement Is True About the Obama Health-Care Reform Plan

question 14

Multiple Choice

Which statement is true about the Obama health-care reform plan?

• A) As of September 2014, all lawsuits against it have been resolved and no more court cases are pending.
• B) It is the second major overhaul of the U.S. health-care system since the Clinton plan did so in 1993.
• C) It creates a single-payer system in the United States (a government takeover).
• D) It is being implemented gradually and only came into full effect in 2014.

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Definitions:

Inflation

The pace at which the overall price level for goods and services increases, diminishing the buying power.

Value Of Assets

The worth of a company's or individual's possessions, measured in monetary terms.

Loss

A financial condition where expenses exceed revenues, leading to a negative profit.

Rule of Law

The principle that all individuals, entities, and government are accountable to laws that are publicly promulgated, equally enforced, and independently adjudicated.