Obamacare Sign-ups Reach 1 Million During Special Enrollment Window President Joe Biden says that 1 million more

Question:

Obamacare Sign-ups Reach 1 Million During Special Enrollment Window President Joe Biden says that 1 million more Americans now have the peace-of-mind that comes from having health insurance. The enrollment period for the Affordable Care Act was extended due to the pandemic.

a. If the Obamacare enrollment is the efficient quantity of families, how would that quantity have been determined?

b. Draw a graph to illustrate the health-insurance market and illustrate how the Obamacare subsidy influences the number of families covered.

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Related Book For  answer-question

Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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