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Which of the following are factors related to the decrease, over time, in the number of people who do not have private health insurance leading up to the Affordable Care Act (i.e., prior to 2014)? (Select all that apply).
1. Increased costs of health insurance
2. People are getting healthier, and fewer need health insurance
3. The decline in the number of highly-paid, unionized, full-time manufacturing jobs
4. Employers receive a tax-benefit to offer health insurance to employees
What's the difference in Classical Economics versus Keynesian Economics? If the U.S. government decided to cut taxes, what impact would this have on the economy?
You have opened a retirement account that will pay 4% interest per year. You plan to deposit 8% of your annual salary into the account for 40 years before you retire. Your first year's salary is $48,000, and you expect your salary to grow 3.5% each y..
The management of the Mini Mill Steel Company estimated the following elasticity for a special type of steel it produces: Ep=-2, Ei=1, and Exy=1.5, where X refers to steel and Y to aluminium. These are, respectively, the own-price elasticity, income ..
Illustrate what "alternative procedures" or unorthodox methods can be used to get around steps in the traditional process, especially for priority or controversial bills.
Select from the module’s key topics the top three social media mistakes or realities that got Comcast into this trouble. Be sure to justify your choices.
The law of supply states that there is a negative relationship between price and quantity demanded. An increase in consumer income will affect the supply of any given product. Joint output of individuals or nations will be maximized when goods are ex..
Assume an industry is a duopoly. Elucidate the best response functions for A and B.
You've recently learned that the company where you work is being sold for $475,000. The company's income statement indicates current profits o. $18,000, which have yet to be paid out as dividends. Assuming the company will remain a " going concern" i..
A study of the relationship between age and various visual functions (such as acuity and depth perception) reported the following observations on area of scleral lamina (mm2) from human optic nerve heads ( Morphometry of Nerve Fiber Bundle Pores in t..
Show the changes to the balance sheet for a central bank that makes an unsterilized purchase of $300 million in international reserves. What would be the impact on the currency of the currency? Central Bank Assets Liabilities.
Assume that Janet Yellen (chair of the US Fed Reserve) decides to reduce the US money supply (i.e., contractionary monetary policy). Using the concept of money market equilibrium, explain what will happen to interest rates and prices in the U.S. in t..
Consider the following information about banking system: What is the value of excess reserves in the banking system? What is the value of deposits in the banking system? How much in government bonds should the Fed sell or buy?
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