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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. One economic benefit of this approach is that it may
A. limit moral hazard.
B. limit adverse selection.
C. make health insurance more affordable.
D. provide greater health coverage.
Assume that the market labor supply and labor demand equations are given through Qs = 5W and Qd = 30 - 5W. If a minimum wage is set at $4.00 (W = 4),
Explain how does the state of the economy affect federal budget. Explain how can macroeconomic variables inter-relate to each other.
problem 11. gdp is 1200 consumption is 900 gross private domestic investment is 150 exports are 50 and imports are 125.
Is there a way in which a plan could provide incentives to the Farm members that would have a good chance of raising productivity and lead to increased agricultural output while at the same time eliminating subsidies?
Suppose you are reviewing an isocost graph. The axis on the graph shows capital units on the vertical axis, and labor units on the horizontal axis.
If the Federal Government is giving more than it receives in tax revenues in an effort to reduce unemployment
Suppose that a risk-free investment will make three future payments of $100 in one year, $100 in two years, and $100 in three years.
Elucidate each auto industry structure correctly. provide an analysis of market structure requirements including number of firms, uniformity of products.
Prepare a 2-3 page paper indicating how the economic performance measures of GDP, inflation, and unemployment statistics can be utilized by construction managers to improve decision-making.Offer some specific examples.
Steady state in a calibration of the US economy in 2000. In this problem, suppose that rate of growth of the work force is n = 0.017 and there is no exogenous technological progress.
As the manager of monopoly, you face potential government regulation. Findout the monopoly price and output.
1. calculate ae given the information below and completely fill in the table.2. where is equilibrium in this economy
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