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1. What do consumers need in order for traditional economics to work for healthcare?
2. How is the "product" of healthcare different than other products?
3. Is buying healthcare similar to buying a car (where supply and demand can be helpful)? Why or why not?
Suppose that in the short run the capital stock is fixed at 100, write down an expression for. The total physical product of labor. The average physical product of labor.
Jimmy has studied the bond market for the last century, and has determined that the real interest rate is 3.5%. He has also studied the stock market, and determined that the prevailing real growth rate of stocks is 7%. If Jimmy invests the inheritanc..
Please share what you learn about U.S. media ownership patterns and what you think its implications are in your response to this prompt.
Find out data on wages, employment, and minimum wage laws in developing countries from the internet & summarize this information.
If a company invests $50,000 now in a software package, how much will the annual costs be if it expects to recover the investment in 10 years at an interest rate of 10% compounded per year? Calculate nearest value to:
If the value of M increased from 50,000 to 60,000 also nothing else changed which would equilibrium price increase or decrease. Would the equilibrium quantity increase or decrease.
Why has the cause of marriage equality been more successful in the United States than in Australia? How is marriage equality good for the economy?
Suppose that, in an attempt to entice citizens to conserve energy, the government enacted regulations requiring that all air conditioners be more efficient in their use of electricity. After this regulation was implemented, government officials were ..
What stage of the business cycle is our economy right now and what do you think the government should do to manage it?
Suppose the government imposes a price ceiling of $50 on a market characterized by the following information: Qd=700-2p Qs=100+4p Calculate the magnitude of deadweight loss form the price ceiling. Find a price floor that will result in the same magni..
ABC Block Co. may buy a new machine that has a first cost of $10K. It will produce benefits for each of the next 6 years of $3000 while requiring $1400
From the coefficient of multiple determinations, you cannot detect the strength of the relationship between Y and any individual independent variable.
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