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Write a short (2-3 page, double-spaced, typed) essay identifying and describing the current state of the health care industry using the tools we have studied this semester. Also, in your paper list the pros and cons related to the health insurance industry along with a short explanation of health insurance. You are asked to develop your own solution to this social issue. Your answer in terms of what you think is the socially optimal solution versus the economic least cost solution, but you must understand and explain the economic costs of your decision.
Annual percentage changes in real GDP (economic growth) and compute the shares in real GDP of consumption, investment, government spending, exports and imports. Estimate changes in economic growth and in the component shares.
Identify the point on the budget constraint this worker has chosen. Elucidate how much is he working every day.
What does it mean when asked; what are some considerations to remember given the different roles and people in the audience.
For a typical firm producing 100 units of output, short-run marginal cost is constant at $65, average total cost is $95, and average fixed cost is $30.
What do Keynesian and New classical economists believe about macroeconomic policy. Which role of thinking do you think you would fit in?
A binding price ceiling...
Explain how are protectionist policies from other nations predicted to affect China's relative supply and relative demand.
An independent trucker purchases a fancy new over-the-road rig for $220,000. The expected lifetime is 12 years, and the salvage value estimated at that time is $85,000. Operating and Maintenance costs are estimated at $75,000 per year, and his annual..
Consider a health utility questionnaire with only 3 domains (physical role, social role, and cognitive health), each of which has two levels (no problem and some problems). Calculate the utility of a person having some cognitive problems and some soc..
Assume there is a simultaneous increase in government expenditure also reduction in the funds provide.
The total demand for funds curve slopes downward because a rise in the interest rate causes. In the classical view, if government purchases rise (and there is no other fiscal change),
If GDP is increasing by 3% every year Explain how long will it take GDP to double. Given the same conditions above, Explain how long will it take Every Capita GDP to double if the population grows at 2%.
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