Answer:
That Medicare does not cover acupuncture, glasses, or dentures.
Explanation:
Mrs. West is concerned about whether or not Medicare will cover acupunture, glasses, or dentures.<em> Medicare does not cover these items and services</em>. Medicare is a health insurance in the United States, it is designed for Americans aged 65 or older. It covers about half of health care costs, the rest has to be paid by the insured.
The Federal Reserve Act of 2000 says that the Fed "shall maintain <u>long run </u>growth of the monetary and credit aggregates commensurate with the economy's <u>long run</u> potential to increase production.
<u>Explanation:</u>
The Act was created in 1913 and signed by the then ruling president as a way of establishing economic stability. This act introduced the central bank to oversee the state monetary policies. The law was established to set out the structure, purpose and function of the Reserve System.
Due to recession and other financial crisis prior to 1913, investors lacked trust in bank systems, therefore the act was passed to bridge the gap between citizens and the banking system. Over the years it has been amended by Congress to keep up with the changing financial times.
Answer:
a) Malthus ignored other factors like technological change.
Explanation:
Thomas Malthus (1766-1834) was an English cleric and a scholar, most known for his demographics theory. He is an author of <em>An Essay on the Principle of Population</em>, where he observed that increasing production of food resulted in improved well-being of the population, but this was temporary because it led to a population growth. Larger population led to the restoration of original production per capita.
He was mainly wrong because he did not account for improvement in technology of production. Development and widespread use of technology meant that it is not needed to use the same amount of energy to produce goods. Production increased much faster than the increase of population, which resulted in a failure of his theory.
Tariff may be the word you're looking for.
