Which of the Following Pieces of Legislation Is Most Likely

question 49

Multiple Choice

Which of the following pieces of legislation is most likely to ensure that poor people have health insurance?

• A)the Affordable Care Act,colloquially known as Obamacare
• B)the Social Security Act
• C)Medicare
• D)Medicaid

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Definitions:

Consolidation

The process of combining the financial statements of a parent company with those of its subsidiaries to present as if the group of companies was a single economic entity.

Amortization

The gradual reduction of a debt or the cost of an intangible asset over a specified period of time.

Acquisition

The method where one corporation acquires the majority or entirety of another corporation's shares to obtain dominance over that corporation.