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Economics of health care literature research
Research and define the terms below and summarize how each relates to health care. I have the definitions but i am unsure how they relate to health care.
Students should research the definitions of the following economic terms: economics, supply, demand, macroeconomics, microeconomics, elasticity, inelasticity, and gross national product. Perform a literature search on these topics. Prepare a 700-1,050-word paper, which includes the definition of each term and a summary of how these terms apply to health care.
Graphically illustrate the impact of an open-market purchase by the Federal Reserve on the equilibrium interest rate using the theory of liquidity preference and the market for real money balances. (Be sure to label:
Discuss the upshot of this policy in terms of a new equilibrium. Is this policy likely to have a negative repercussion on the crime rate? Can you come up with an idea concerning a major drawback of this policy?
How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.
Could you offer your opinion, no citations, from two different perspectives on the internet trends.
In a few weeks Professor Smith will be taking his daughter Attilla to the State Fair. Calculate the Marginal Rate of Substitution (MRS).
Assume Smith owns and works in a bakery located next to an outdoor cafe owned by Jones. The patrons of the outdoor cafe like the smell that emanates from the bakery.
As the economy begins to recover from a recession and more people go back to work.
Describe unemployment and the unemployment rate. Might we be able to say "Job Stats: Too Good to be True?"
What money supply must the Bank of Canada set next year if it wants to keep the price level stable? What money supply must the Bank of Canada set next year if it wants inflation of the ten percent?
Illustrate what is the economic growth rate equal to. Write down your math calculations. Show to 6 decimal points.
Describe the point elasticity of demand with respect to advertisement
Short term Treasury bills [3 and 6 month] have current annual rates of interest around 0.5%. Use that info plus your best forecast of inflation to calculate the real rate of interest on those bills.
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