Question
In: Economics
If the federal poverty level for a family of three is $20,000 in a given year,...
If the federal poverty level for a family of three is $20,000 in a given year, what is the maximum amount that family can earn and still be eligible for subsidies on the health insurance exchange under the Affordable Care Act?
Solutions
Expert Solution
It can actually be mentioned that the affordable health care act which was signed in the year 2010 which is also known as Obamacare was especially started to provide healthcare to the lower sections of the society and in this regard, it can be mentioned that a family can maximum get to earn $20,000 inorder to ne eligible for subsidies on the health insurance exchange under the Affordable Care Act all in all.
Rahul Sunny answered 3 years agoRelated Solutions
Find the Federal Poverty level for a family of 4 with 2 children under the age...
Find the Federal Poverty level for a family of 4 with 2 children
under the age of 18.
Offer comments on why that statistic is shocking or why it is
incorrect.
What is the percentage of people living with an income below the federal poverty level? What...
What is the percentage of people living with an income below the
federal poverty level?
What is the number of cases of Emergency Department visits for
Asthma in the 5-17 year?
Select one neighborhood from each of the other 4 Boroughs and
compare with your neighborhood (create a table
)
experiences with a school-age child whose family is at or near the poverty level. How did...
experiences with a school-age child whose family is at or near
the poverty level. How did poverty impact their life? The chapter
talks about strengths in the lives of people and families in
poverty that may help them overcome the effects on a child's
development and well-being. Include examples of strengths within
the child and family, or relationships and resources available to
them outside of the family that may have helped them overcome some
of the obstacles to their success.
Experiences with a school-age child whose family is at or near the poverty level. How did...
Experiences with a school-age child whose family is at or near
the poverty level. How did poverty impact their life? Include
examples of strengths within the child and family, or relationships
and resources available to them outside of the family that may have
helped them overcome some of the obstacles to their success.
Suppose a family with 1 child has $20,000 per year to spend on private goods and...
Suppose a family with 1 child has $20,000 per year to spend on
private goods and education, and suppose all education is provided
privately. Draw the family’s budget set. Suppose now there is free
public education available, at a price of $4000 per year per child.
Draw 3 different indifference curves for each of 3 types: 1) those
where free education would lead to an increase in the amount of
education spending for their kids, 2) those for whom the...
Poverty and Calcium: A simple random sample of 18 people with incomes below the poverty level...
Poverty and Calcium: A simple random sample of 18 people with
incomes below the poverty level gives the following daily calcium
intake:
686 423 743 647 734 641
993 620 574 634 850 858
992 775 1113 672 879 609
At the 5% significance level do the data provides sufficient
evidence to conclude that the mean calcium intake of all people
with incomes below the poverty level is less than the RDA of 800
mg? Perform a Hypothesis Test.
An economist for the federal government is attempting to produce a better measure of poverty than...
An economist for the federal
government is attempting to produce a better measure of poverty
than is currently in use. To help acquire information, she recorded
the annual household income (in $1,000s) and the amount of money
spent on food during one week for a random sample of
households.
Determine the regression line and interpret the
coefficients.
Determine the coefficient of determination and describe what it
tells you.
Conduct a test to determine whether there is evidence of a
linear...
How are poverty, family processes, cognitive processes, and biology related to the development of problems in...
How are poverty, family processes, cognitive processes, and
biology related to the development of problems in adolescents, such
as drug usage, depressive symptoms, and juvenille delinquence?
How are poverty, family processes, cognitive processes, and biology related to the development of problems in...
How are poverty, family processes, cognitive processes, and
biology related to the development of problems in adolescents, such
as depression, drug use, and juvenile delinquency?
Suppose an economy has only three goods and the typical family purchases the amounts given in...
Suppose an economy has only three goods and the typical family
purchases the amounts given in the following table. The base year
is 2012.
Product
Quantity (2012)
Price (2012)
Price
(2017)
Hair cuts
6
$50
$80
Backpacks
4
$25
$30
Tacos
100
$1.00
$5.00
b. Compute the cost of consumption basket in 2012 and 2017 using
base year quantities.
c. What is the CPI for in 2017?
d. What is the inflation rate between 2012 and 2017?
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- A labor market has 50,000 people in the labor force. Each month, a fraction p of...
- A road with a radius of 72 m is banked so that a car can navigate...
- 1) If you had not dried the solid, would the calculated percent yield have been higher,...
- Two structures of alanine can be drawn that have a net charge of zero, but the...
- Co(II) was used as an internal standard to analyze a sample of Ti(IV) with atomic absorption...
- Matlab Programming Write an M-file to read a real-valued vector of any length from the keyboard...
- TASK back to top In the contemporary management environment, mergers and acquisitions are hot topics; particularly...
ADVERTISEMENT