Which of the Following Was Not an Objection Raised by Opponents

question 105

Multiple Choice

Which of the following was not an objection raised by opponents of the Patient Protection and Affordable Care Act?

• A) The revenue generated by the new taxes in the PPACA would be insufficient to cover costs of the program.
• B) The PPACA moves the United States closer to creating a national health insurance system with nonprice rationing of health care.
• C) The subsidies would lead to higher prices and increased consumption of health care.
• D) The percentage of health care spending coming directly out of consumers' pockets would increase.

---

Definitions:

Magazine Subscription

A magazine subscription is an agreement to receive or gain access to periodic issues of a magazine over a specified period, usually in return for a payment.

Paid

Refers to the status of an obligation or invoice that has been settled or fulfilled through payment.

Vertical Analysis

An approach to financial statement examination whereby each component is presented relative to a foundational number in the report.

Balance Sheet

An accounting summary that captures a company's financial holdings, debts, and stockholders' equity at a given time.