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Some Health Economists believe that the demand for medical care may be “supplier” or physician-induced.
a. State whether under a Fee-for-Service and under a Capitation financing structure physicians will have an incentive to increase or decrease demand.
Fee-for-Service:
Capitation:
b. Give an example of each instance.
Coupled with $160 annual tax rebate per household. Will the household be better or worse off under the new program.
Explain the various levels of economic integration. What level of integration has the European Union achieved? How will plans to create fiscal union change the relationship between member countries?
q.now you want to improve the aggregate production function to increase the provide capacity of the economy. that is
When there is an increase in the expected rate of inflation, will the nominal and real interest rates on new loans increase, decrease, or stay constant?
When the market generates an equilibrium price, we know
explain how many car companies will buy a new car assembly machine. Interest payments are made once a year.
Illustrate what is the probability that the defense defends the right hand side. Explain in words what the expected outcome will be.
q1. laura bought word -processing software in 2005 for50. lauras twin brother laurence buys an upgrade of the same
Suppose production function for noodle soup at Slurping Turtle is Q =4k^1/2 L^1/2. They currently own 4 units of capital and are not able to change this during the short run. The rental rate of capital is $10 and the wage rate is $20. Suppose Slurpin..
The influence of labour unions on wages has been hotly debated over the last decades. Textbook economics would suggest that the introduction of labour unions in wage negotiations would lead to upward wage pressure, reducing employment.
Two firms compete in quantities, selling identical goods, facing the demand function P(Q) = 130−q1− q2 where qi is the output level of firm i. Assume that firm 1 is more efficient than firm 2, MC1(q) = 10 and MC2(q) = 20. Find the NE quantities of th..
What are the benefits to Apple of outsourcing the assembly of the iPhone to foreign countries, and particularly China? What are the potential costs and risks to Apple? In addition to Apple, who else benefits from Apple's decision to outsource assembl..
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