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One of the goals of the Affordable Care Act (ACA) was to increase insurance coverage through...

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Economics

One of the goals of the Affordable Care Act (ACA) was toincrease insurance coverage through a variety of policies. The ACAwas largely successful in reducing the number of uninsured in theUS. How would this affect the demand for medical care? Wouldhealthcare consumption increase or decrease? Would we expect thisto increase or decrease the price of care? Explain why,theoretically, it is ambiguous that increased insurance coveragecould increase or decrease health.

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Affordable Care Act ACA is the comprehensive healthcare plan intended to include millions of uninsured Americans in healthinsurance coverage It increased the number of people with health insurance This increased demand for greater health care services It has following advantages Improved    See Answer
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