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1. According to the Friedman Real World Micro reading (posted online under "Course Readings"), how would a single-payer health insurance system reduce health care costs, relative to other alternative health insurance policies? Does the Affordable Care Act offer the same advantages in terms of reduced costs? Why or why not? Limit your answer to a paragraph.
2 Give three examples of negative externalities and explain, for each example, explain how the government can reduce each type of negative externality. Limit your entire response to 1 paragraph.
What is the highest profit or lowest loss availability to this firm? c. Should this firm operate or shut down in the short run? Why? d. What is the relationship between marginal revenue and marginal cost as the firm increases output?
Suppose the level of real aggregate demand for output in a macro economy is a negative function of the expected real interest rate- the nominal interest rate minus the expected inflation rete. Suppose also that the monetary authorities are setting th..
Graph the supply and demand schedule for pizza using $5 through $15 as the value of p. In equilibrium, how many pizzas would be sold at what price?
the forecasting staff for the prizer corporation has developed a model to predict sales of its air-cushioned-ride
1) If the desired level of investment spending (I) is greater than the level of national savings (S), are net exports (NX) positive, negative, or zero? Explain the connection between I, S, and NX (in words as well as mathematically).
During field calculation it is known that the calculated number pf trips is actually 128. What is the value of the adjustment factor?
when a variable grows at constant rate then the graph of the ln of the variable is a linear function of time
An organizational form that is based on direct lines of authority from the top executive to the lowest level of employees is called
historically shifts towards a more expansionary monetary policy have often been associated with increases in real
Lawn mowing services are supplied by host of individuals in suburb of Westbrook. Demand and supply conditions in the perfectly competitive domestic for lawn mowing services are:
What is a discouraged worker? Are they included in the basic unemployment rate? Are they included in any measure of unemployment? How has the number of discouraged workers changed since 2008? How does the exclusion of the discouraged worker affect..
what is the most common way modern labor unions use to raise wages? this will result in the fewest jobs lost if labor
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