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Q. a. Will a progressive medical tax scheme (i.e. people with higher income face a higher Medicare tax rate) benefit the U.S. Medicare system? Please comment it on different perspectives of government, patients, also health care provider's
b. Health officials have suggested that the spread of AIDS can be partly contained if more males use condoms. Use the concept of demand-side externality to comment on (1) whether the number of condoms sold in the U.S. is more or less than the optimal number, also (2) how the government might correct the externality.
c. Instead of putting price ceiling on medical service, some law makers in the U.S. suggested to put cap on malpractice lawsuit compensation. In your opinion, will a ceiling on malpractice compensation help to reduce the medical costs? Please cite a reference link (URL) to an article which supports your opinion
A physician's office expenses increase 10 percent so she decides to raise the price of office visits by that much. Assuming the demand curve for office visits does not shift, what will happen to the total number of office visits and practice reven..
What steps can Congress and state legislatures take to alleviate a serious national shortage of skilled providers. Research suggests medical errors have been linked to inadequate staffing.
Does the production technology exhibit increasing/decreasing/constant returns to scale.
Discuss how you would explain what this class was about to a friend of yours pondering taking the same class.
Elucidate what would be the immediate and long run effects on c, k, and y. Explain by drawing the path of these variables. Consider that you impose the new saving rate.
Suppose a consumer is at an optimum, consuming 6 hamburgers a week at a price of $1.50 each and 10 donuts a week at 50 cents a donut.
Choose whether to hire a new person in the marketing department or upgrade your computer system.
Give a detailed explanation about how the engineer's income generation as described above affects GDP and GNP of U.S.
Similarities in the definitions of management quoted from authors of management textbooks
Economists argue that the move from barter to money increased trade and production. How is this possible.
In which of the following cases should the United States produce more noodles than it wants for its own use and trade some of those noodles to Italy in exchange for wine.
Illustrate what should the Fed do if it wants to stabilize aggregate demand.
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