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Economics of Health
discussion
Purpose of Online Discussions
Recall, each online discussion will give you a question in the "True/False/Uncertain" format. Your answer to the question, and your subsequent discussion of other students' answers, should clearly incorporate course material. The online discussions provide an opportunity to practice the types of short-answer questions you can expect to see on the midterm test and the final exam.
Question
[True/False/Uncertain. Explain.] Even when care is free at the point of service, we expect low- and high-income individuals with the same level of need to demand different quantities of health care.
As an economist, you have been asked to address a meeting of a group of international professionals to explain the differences between microeconomics and macroeconomics and to provide real-world examples. Please create a PowerPoint presentation of 5–..
Describe the implications of this economic forecast and the income elasticity of demand for the pricing strategy.
If the price index was 110 last year and is 121 this year, what is this year’s rate of inflation? What is the “rule of 70”? How long would it take for the price level to double if inflation persisted at (a) 2, (b) 5, and (c) 10 percent per year?
Formulate James Tobin's model of risk and portfolio choice, and with the use of a diagram, show how his model explains the inverse relationship between the demand for money and the rate of interest.
When the coporate tax return was filed this year, you began depreciating the jet by using MACRS. Today you received a letter from the IRS informing you that because your company occasionally rents the airplane to others, it is considered a commerc..
A quote from the Earth Policy Institute summed up air pollution from vehicles this way, "while only some motorists contribute to traffic fatalities, all motorists contribute to air pollution fatalities."
Draw a graph of the Batman family's supply of loanable funds curve fro 1999. Show the influence of this change on the Batman's supply of loanable funds curve.
Select one of the protocols associated with e-mail, such as SMTP, POP, or IMAP. What is the role of this protocol in sending and/or receiving e-mail? What is an example of how a web application might use this protocol?
In a situation in which a gift certificate leads a consumer to purchase a greater quantity of an inferior good than he or she would consume if given a cash gift of equal value. Is this always the case
Imagine that you intend to buy a portfolio of ten stocks with some of your savings. Should the stocks be of companies located in the same country?
In 2009, the US Postal Service increased first-class postage rates from 42 cents to 44 cents. The service had been losing money. One of the reasons is increased competition from companies such as United Parcel Service
1. A monopolist has an (inverse) demand curve for its product of P = 30 - 6Q (where Q is in millions of units). Its total cost curve is: TC = 14 + 3Q + 3Q2. Find the profit maximizing level of output, the profit maximizing price and the monopolist..
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