Answer:
b. SNPs have special programs for enrollees with chronic conditions, like Mr. Sinclair, and they provide prescription drug coverage that could be very helpful as well.
Explanation:
Medicare special needs plans (SNPs) are one of the Medicare Advantage plans. People suffering from certain diseases can become a member of the plan. Also, the membership of the plan is limited to such people only. The SNPs help in providing benefits, choices, and specific drugs to the people and serve them with these. The services are limited to the group and the benefits of the plans can be covered as per the given norms.
In the given case, Mr. Sinclair can be provided with the benefits which the SNPs would provide as compared with the original Medicare. The SNPs would help in grouping Mr. Sinclair's issues along with the others.
Answer: borrower or as a demander of funds
Explanation:
Bob new startup goes public and sells shares of future profits. Bob startup is best described as a borrower or as a demander of funds.
This will be considered to be a borrower or a demander of bonds due to the fact that future profits are being provided to shareholders as shares.
Answer:
A. A system composed of twelve privately owned regional banks that were regulated by the Federal Reserve Board
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.
Hence, the type of banking system that the Federal Reserve Act of 1913 establish is a system composed of twelve privately owned regional banks that were regulated by the Federal Reserve Board.
Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;
I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."
III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.
Also, the Fed is saddled with the responsibility of selling government securities such as treasury bills to the public.
Answer:
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