Increase monetary amount of disability insurance payments

Assignment Help Business Economics
Reference no: EM13997380

If the government decides to increase the monetary amount of disability insurance payments to those who have been permanently disabled, it will make life easier for those who have been disabled. The fact that it could cause some individuals to falsely claim to be disabled would be considered:

a. A direct response to an incentive

b. An indirect response to an incentive

c. An opportunity cost

d. A marginal cost

Reference no: EM13997380

Questions Cloud

Competitive market equilibrium is determined by : Competitive market equilibrium is determined by:
Nation achieve double-digit economic growth : You are the CEO of a large multinational company that has become highly profitable by investing in a Latin American country. As a catalyst in mobilizing the nation’s low-cost labor force, your company has helped the nation achieve double-digit econom..
The opportunity cost of running your own business : Which of the following is the best example of the opportunity cost of running your own business?
Proteins are necessary for which of the following : Proteins are necessary for which of the following? a. Muscle structure
Increase monetary amount of disability insurance payments : If the government decides to increase the monetary amount of disability insurance payments to those who have been permanently disabled, it will make life easier for those who have been disabled. The fact that it could cause some individuals to falsel..
Economic model of decision of how fast to drive indicates : According to our discussion in class, an Economic model of the decision of how fast to drive indicates an individual should choose the speed at which:
Select the best definition of an enzyme : Select the best definition of an enzymea. an enzyme is an amino acid that speeds up chemical reactions.
Option to work for a company in a particular market : Given the option to work for a company in a particular market, would you choose to work for a Western Multi-National Enterprise (MNE) such as IBM, moving into a developing country such as India, or would you choose to work for a company from an emerg..
Price elasticity of demand for these infant clothes : A manufacturer of infant clothes has found that the demand for its product is given by Q = 100P-1.25A0.5, where P is price and A is advertising expenditures. The price elasticity of demand for these infant clothes is? Show me the work

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd