Which of the Following Is a Provision of the Affordable

question 43

Multiple Choice

Which of the following is a provision of the Affordable Care Act?

• A)strengthening the use of pre-existing conditions exclusions
• B)prohibition of harmful practices by insurers.
• C)introduction of annual and lifetime limits to control costs
• D)elimination of flexible spending accounts

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Definitions:

Units of Labor

A measurement in economics indicating the quantifiable effort or work provided by labor forces, often used to determine productivity or cost in production processes.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts and/or the physical factories, machinery and equipment used to produce goods.

Profit-Maximizing Amounts

The levels of output or operation at which a business achieves the highest possible profit, determined by analyzing costs and revenues.

Total Outlay

The total amount of money spent or investment made in acquiring an asset, completing a project, or pursuing an activity.