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A method commonly used through both governments and private health insurers to control the growth in private health insurers to control the growth in health care expanding are limits to reimbursement to providers. How can these limits to reimbursement be viewed as exercise of monopsony power? To prevent health care providers form prescribing more services it is often common to limit approval of services to health care recipients. How is this practice affecting recipients of Medicaid and Medicare?
The MidNight Hour, a local nightclub, earned $100,000 in accounting profit past year. This year the owner, who had invested $1 million in club, decided to close club.
Engineers at national research laboratory built a prototype automobile which could be driven 180 miles on single gallon of unleaded gasoline. They estimated that in the mass production the care would cost 40k for each unit to build.
Describe briefly why time lags in discresionary fiscal policy can adversely affect the efforts.
Acme is sole supplier of security systems in product market and sole employer of locksmiths in the labor market. The demand curve for security systems is given by P=100-Q.
Which of the following is the best example of a monopolistic competitor? Firms in a monopolistically competitive industry produce:
If the required reserve ratio is 10 percent, banks keep 2 percent excess reserves, and the public keeps a 10% cash to deposit ratio, determine the money multiplier?
Assume that demand for oranges is given by the following Equations, with quantity measured in oranges a day and price measured in dollars per orange.
The economy of a country called Econoland is described by the following desired aggregate expenditure components (all figures in billions of $). For the purposes of this question, the first set of equations will be referred to as fiscal policy1.
Explain how is the United States doing in the most recent quarter compared to Japan, the Euro Area and Canada in terms of production and employment.
Illustrate what were some of the major contributing factors and how did they combine to cause the recession. How were you affected by it.
Elucidate which economic concepts, sure as comparative advantage, apply to your firm. Explain how these economic concepts can be used to address the firms's problem and opportunities.
Elucidate three arious ways in which the Federal Reserve would change the money supply.
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