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President Obama campaigned on a health-care reform plan that did not include mandatory health insurance. Hillary Clinton wanted mandatory health insurance with no opting out. In 2009, the President said he would support making health insurance mandatory with the cost covered by employers, but those who could not afford to pay and small businesses would be exempt.U.S. health care per person costs twice that of other rich countries. Does the United States overprovide? Do other countries underprovide? What economic concepts do you need to answer? What data might be relevant?
What do you understand by a ‘negative externality'? Consider the impacts of a negative externality on resource allocation and the policies which might be used to ‘correct' it.
In a bulding construction project, 7,500 feet of insulated ductwork is required. The duckwork is made from 14-gauge steel costing $8.50 per pound. The 24-inch-diameter duct weights 15 pounds per foot.
Is the fact that the yen interest rates shown never drop below zero a coincidence, or can you think of some reason why interest rates might be bounded below by zero?
When might each of the following two rules be appropriate? ( a ) Maintain a constant interest rate. ( b ) Maintain a constant money supply.
What can this model help us explain that strict endogenous and neoclassical growth models cannot?
The basic facts about the path of GDP are as in problem 1. But there is now a one-period outside lag for government spending. Decisions to spend today are translated into actual spending only tomorrow. The multiplier for government spending is sti..
Calculate the monopsonist's optimal quantity of labor. What wage rate must the monopsonist pay to attract this quantity of labor?
The area of the outlet nozzle is 1 in^2 and the outlet velocity of the water through it is 122.6 ft s^-1. Calculate the force tending to tear apart the flange.
Suppose that the markup of prices over costs increases to 10%. What happens to the natural rate of unemployment? Explain the logic behind your answer.
Jim Duggan made an investment of $10,000 in a saving account 10 years ago. This account paid interest of 5½% for the first 4 years and 6½% interest for the remaining 6 years. The interest charges were compounded quarterly.
Would knowing this information change the way in which you extract and load data into the data mart from the OLTP system?
As an alternative, the company offers a 24-month lease with a single up-font payment of $ 12,780 plus a $500 refundable security deposit. The security deposit will be refunded at the end of 24-month lease.
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