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In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expenditures on drugs are almost double the level in the U.S. Discuss how the incentives of physicians differ in both countries. Suggest some reasons why the legal requirements might be so different.
Why do 20-years bonds issued by the US government have lower rates of return than 20-year bonds issued by corporations?
Illustrate what is difference between contractionary and expansionary monetary policy. Illustrate what are pros and cons of using expansionary.
Explain what you understand by the term the "invisible hand"and competitive market. Why would the workings of a competitive market result in an efficient allocation of resources as first suggested by Adam Smith?
One could argue that a long commute to work is an undesirable characteristic of any job. If most people live in the suburbs.
What is the significancee of this opportunity cost to the search for better technology to reduce pollution?
Describe capital and labour productivity in engineering context and pharmaceutical industries in India. Discuss whether Indian Consumer goods industry is growing at the cost of future profitability.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
q1. 1. given that in 1995 real gdp was 6742.1 and nominal gdp was 7265.4 what is the value of the gdp deflator?2. for
You learn that the market price of illegal drugs is falling. Which hypothesis is consistent with this information on drug prices.
A production facility is looking at installing a wind turbine which will cost $175,000 at time zero. The wind turbine will allow them to have free electricity and they know they’ll use all the electricity it provides. The wind turbine will have a 6 y..
Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment.
What is the economic profit/loss associated with this order if you proceed? Should you proceed or back out of this transaction?
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