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1. Select a policy that you are interested in conducting the analysis. you can select a social phenomena and propose a policy.
2. Make a list of benefits and costs of the policy ( propose a policy and identify the benefits and costs). Try to think of the benefits and costs from different perspectives/actors.
3. What are some criticisms to cost benefit analysis? How would this affect your policy proposal?
4. What conclusions can you draw from your analysis? What are the considerations that policymakers should be aware of when going forward with this policy? What changes,if any, should be made?
The Diagnosis-related Groups System is a prospective payment system used by Medicare to reimburse physicians for medical care. Is this statement false? if so why?
You are the manager of a midsized company that assembles personal computers. You purchase most components – such as random access memory (RAM) – in a competitive market. Based on your marketing research, consumers earning over $80,000 purchase 1.5 ti..
Currently I can put $.25 (or $.50 or $1, depending upon the bar) in a juke box and get 2 1⁄2 minutes of noise. From the perspective of maximizing aggregate social welfare, should I also be able to buy 2 1⁄2 minutes of quiet for the same price? Explai..
Why is a market economy susceptible to coordination failures that can lead to unemployment and inflation? What do you think can be done to rectify these failures?
Why are credit networks indispensable to any civilization? what mean mobile platforms and what kind the service he give to the firm or the customer
The government is considering purchasing some excavating equipment. It has a first cost of $65,000, will result in annual savings to the public of $20,000 per year, and will be sold for $15,000 at the end of its useful life. The useful life is 5 year..
Mary Magnolia in Problem 4 has variable costs equal to y2/F, where y is the number of bouquets she sells per month and where F is the number of square
You are an executive for Super Computer, Inc. (SC), which rents out super computers. SC receives a fixed rental payment per time period in exchange for the right to unlimited computing at a rate of P cents per second. What rental fee and usage fee sh..
Given that he will consume $1000000 if uninsured and $0 worth of consumption if uninjured, the expected value (EV) of his consumption is how many dollars?
Discuss an event in your home city or state that brings new economic activity. It might be a major construction project, or major sporting event that occurs infrequently and brings a large number of people to your local area. Describe who benefits fr..
Imagine that you borrow $5,000 for one year and at the end of the year you repay the $5,000 plus $600 of interest. If the inflation rate was 4%, Illustrate what was the real interest rate you paid.
Personal possession of currency is prohibited in U.S. prisons, although, in practice, prisoners still exchange goods and services. Until 2003, the year in which the U.S. government banned smoking in federal penitentiaries, cigarettes were the preferr..
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