In a Decision on the Affordable Care Act,the Supreme Court

question 30

Multiple Choice

In a decision on the Affordable Care Act,the Supreme Court ruled that

• A)state governments could decline to expand Medicaid coverage without losing their existing Medicaid funds from the federal government.
• B)the federal government could take away a state's Medicaid funds if it refused to expand Medicaid coverage.
• C)the federal government had no constitutional authority to spend its tax revenue on health care programs like Medicaid.
• D)state governments could not refuse to expand Medicaid coverage because of the supremacy clause of the Constitution.

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Option's Intrinsic Value

The difference between the current price of the underlying asset and the strike price of an option, assuming the option is in-the-money.

Strike Value

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Market Value

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