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Chapter 1: Problem 19

Medicare and Medicaid were inaugurated under the administration of \((\mathrm{LO5})\) a) Franklin D. Roosevelt b) Harry S. Truman c) Dwight D. Eisenhower d) John F. Kennedy e) Lyndon B. Johnson

Short Answer

Expert verified
The correct answer is e) Lyndon B. Johnson. Medicare and Medicaid were enacted during his administration in 1965 as part of his Great Society agenda.

Step by step solution

01

Background Information

It is essential to understand that Medicare and Medicaid are federal health insurance programs in the United States. Medicare is aimed at individuals aged 65 and above, while Medicaid is for low-income individuals and families. These programs were introduced as part of a major expansion of healthcare in America.
02

Identifying the Administration

To answer this exercise, we need to recall which President initiated these healthcare programs in the United States: a) Franklin D. Roosevelt b) Harry S. Truman c) Dwight D. Eisenhower d) John F. Kennedy e) Lyndon B. Johnson Medicare and Medicaid were enacted during the administration of President Lyndon B. Johnson in 1965. The President signed them into law as part of his Great Society agenda.
03

Conclusion

Based on the information provided, the correct answer to the exercise is: e) Lyndon B. Johnson

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Most popular questions from this chapter

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Which of these best describes the post-World War II recessions in the United States? ( \(\mathrm{LO} 4,5)\) a) They were all very mild, except for the 1981-82 recession. b) They were all caused by rising interest rates. c) None lasted more than one year. d) Each was accompanied by a decline in output of goods and services and an increase in unemployment.

Which statement is true? (LO2) a) Twenty-five million Americans were officially unemployed in \(1933 .\) b) Our economy expanded steadily from 1933 to \(1945 .\) c) Once the Great Depression began in 1929, our economy moved almost steadily downhill until the beginning of 1940 . d) None of the above.
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