Can you give an economic rationale for this approach

Assignment Help Business Economics
Reference no: EM13151700

Some economists have argued that if the government wishes to subsidize health care, it should instead provide predetermined sums of payments (based on the type of health care problems experienced) directly to patients, who then would be free to choose their health care providers. Whether or not you agree, can you give an economic rationale for this approach to governmental health care funding?

Reference no: EM13151700

Questions Cloud

Compute the kgh of wet cake feed needed to produce : Calculate the kg/h of wet cake feed needed to produce 1000 kg/h of "dry" ?sh cake product.
Analyzing a balance sheet and measuring profitability : Amazon.com's financial statements in Appendix A at the end of this book reveal some interesting relationships. Answer these questions about Amazon.com:
What objectives do unions serve : What objectives do unions serve? Are there other, more economically efficient, methods to achieve these objectives? What might those methods be?
Traditional view of managing quality : How might a manufacturing system differ under a quality-based view versus the traditional view of managing quality?
Can you give an economic rationale for this approach : directly to patients, who then would be free to choose their health care providers. Whether or not you agree, can you give an economic rationale for this approach to governmental health care funding?
Test claim that music has no effect on memorization skills : 70 people received a higher score on the second test, 13 a lower score, and 1 received the same score. At the 0.05 significance level, test the claim that the music has no effect on memorization skills.
What is the inbreeding coefficient for the offspring : What is the inbreeding coefficient for the offspring of a) a full sib mating, b) an uncle/niece mating, c)1st cousing mating? Explain why such close inbreeding in a generally outbred population may lead to decreased fitness.
Obtaining goods and thus move outside its productio : Through international specialization and trade, a nation can reduce its opportunity cost of obtaining goods and thus ‘move outside its production possibilities curve.’”
Compression and cooling of nitrogen gas : Compression and Cooling of Nitrogen Gas. A volume of 65.0 ft^3 of N2 gas at 90°F and 29.0 psig is compressed to 75 psig and cooled to 65°F.

Reviews

Write a Review

Business Economics Questions & Answers

  Survey measures of consumer confidence

Suppose that survey measures of consumer confidence indicate a wave of pessimism is sweeping the country.

  That are not sold in markets

Goods and services that are not sold in markets, such as food produced and consumed at home and some household articles, are generally not included in GDP

  Plot total revenue in each case

Suppose Microsoft chooses to produce 80 million copies of software per year and sells copies of software to retailers at $199 per copy. Now consider problem of a retailer like Circuit City or Best Buy.

  Illustrate what public policies might be used to address one

Illustrate what public policies might be used to address one of the problems you identified in your response to the question above.

  Explain why does this happen fluctuating prices of gasoline

We are all familiar with fluctuating prices of gasoline at the pump. Explain why does this happen.

  Illustrate what is the new level of output

Assume that the central bank refuses to change the interest rate from 10%. In this case, illustrate what is the new level of output. What is the money supply.

  Demand for corporate-owned jets

What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets?

  Elucidate why the tax burden will not actually fall

Producers will be made to pay a tax for each beer sold. Use a graph to elucidate why the tax burden will not actually fall on the people that this person wants to punish.

  Delineate which market participants you believe benefited

Delineate which market participants you believe benefited from the final court decision and whose interests were harmed.

  Explain how many units of resource will a profit-maximize

Assume that the resource and output markets are both competitive, and that it is possible to hire fractional units of the resource. Explain how many units of the resource will a profit-maximizing firm hire.

  Vigorous price competition between borders

This is the conclusion reached by the reporter who covered the vigorous price competition between Borders also Barnes & Noble in Fort Worth region during the 2006 holiday shopping season.

  Explain how principles be applied in an example

Explain how can each of the 10 principles be applied in an example or experience with which you are familiar. How do you intend to use your newfound knowledge in future economic decisions.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd