Economists John Cogan,R

question 104

Multiple Choice

Economists John Cogan,R.Glenn Hubbard,and Daniel Kessler have estimated that ________ the tax preference for employer-provided health insurance would reduce spending by people enrolled in these programs by 33 percent.

• A) enacting
• B) doubling
• C) cutting in half
• D) repealing

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Definitions:

Soybeans

A type of legume native to East Asia, widely grown for its edible bean which has numerous uses.

Demand

The quantity of a good or service that consumers are willing and able to purchase at a given price.

Price Of Margarine

The cost at which margarine is sold, which may vary depending on the brand, ingredients, and market dynamics.

Consumer Purchases

Refers to the goods and services bought by individuals and households for personal use.