Here is a great interactive video from the WSJ that explains some of the finer details of the new healthcare law.
Based on this video could you: write a normative and a positive economic statement? Distinguish the implications this video has in terms of efficiency and equity?
This quick note from the WSJ shows the percentage of income that comes from the government. What positive economic statements could come from this data? What are some normative implications that stem from this?
Positive economic statement: Government assistance has increased over the past three years regardless of educational attainment.
Normative economic statement: I'll leave this for you in the comments section.
How do you interpret this graph? Has the increase in government aid been equitable to all groups? Should it be? ,
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