moral hazard - The tendency of people to engage in riskier behavior if other people bear
or share the cost of that behavior is:
Medicare - A federal program that provides medical coverage for the elderly
Medicaid - A federal program that provides medical coverage for the poor
Affordable Care Act of 2010 - Mandates that every American with few exceptions must
have health insurance coverage or face the disincentive of having to pay a penalty
Social Security - Its original purpose was to provide retirement benefits for workers and
survivor benefits to families of deceased workers
disability payments - Social Security began paying these in 1957
Baby Boomer generation - The _____________________ becoming eligible for
retirement is one reason that Social Security is facing disaster
hospitalization, physician visits - The original purpose of Medicare was to provide
coverage for __________________ and _________________ for Americans age 65
and older
Industrial Revolution - Coal made this possible
Petroleum, Qatar - The Organization of ___________________ Exporting Countries
includes Saudi Arabia, Venezuela, ________________, and others.
Strategic - The ________________ Petroleum Reserve is an emergency supply of oil
that the United States Government has maintained in underground storage facilities
along the Gulf of Mexico
subsidies - Developers of alternative energy sources, such as wind and solar, have
depended on large government _______________
minivan - Chrysler introduced this in 1983
Japan - Cars from this country began competing with American car manufacturing
companies in the 1970s and 1980s
General Motors, Chrysler - The Big Three U.S. Automakers are
_____________________, Ford, and ______________________
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