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1. How do you think the healthcare debate in our country should be resolved?
2. Is your opinion normative or positive? Why?
3. Who's going to pay for healthcare?
4. What about those who make poor healthcare or life decisions?
5. Why do we have to ration healthcare at all?
6. What are the tradeoffs and opportunity costs of your opinion?
What is the present worth of the following cash flow stream? Assume 6% interest (2 pts)
Suppose Icecream company has gained exclusive rights to sell Icecream in State College. The demand for Icecream is Q = 3000 − 60P. The total cost of producing Icecream is C(Q) = 6Q for Q orders of the drug. What is the marginal cost function for Icec..
Explain the 4 ways the Federal Reserve would increase the money Supply and explain and graph how this would impact interest rates, consumption, and investment, AD, GDP, Prices and Unemployment. (Make sure to include both the money and the goods graph..
How might managers interpret the potential for their product in a market that is, in absolute economic terms, large but, on a per capita basis, characterized by a majority of poor consumers? In the event that the BRICs fail to meet projected performa..
Consider the following simple model with investment and government spending exogenous:
consider the problem of carbon dioxide emissions. we will abstract away from the problem somewhat assuming there are
Rank the following six transactions from lowest to highest transaction costs. Explain your ranking by reference to search, bargaining, and enforcement (There is no uniquely correct answer here).
Arya has the following Von Neumann-Morgenstern utility function: u(c; ) = p c Arya has $200,000 in cash and a castle (Winterfell) worth $160,000. There is a 0.02 chance that her castle will burn down and be worth only $50,000. Kings Landing is offeri..
Write an annotated bibliography for my economic class. Two pages long
Describe in 100 words or less the condition of “full employment” and explain why, even under the conditions of full employment, there is still a percentage of the labor force who are not working.
Describe how a contractionary monetary policy impacts a nation's international trade. Be sure to discuss the value of that nation's currency, the price of goods produced in that nation, and its trade balance. Describe the effect of expansionary econo..
For class surveying different economic systems, I read a book on Marxism and its core beliefs. As I read, I came to learn that the Marxist view of economics depends heavily on the Labor Theory of Value since Marx believed that the value of a good was..
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