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Wk 6 D2
read the Rice (1997) and the Korda and Eldridge (2011) articles, and review any relevant Instructor Guidance. It is suggested that you also take a moment to review a few of the recommended articles to glean any potential helpful information. Opportunism in health care is especially perceptible in the health insurance markets. Consider the area in which you live, specifically your state and local communities. Evaluate the social-cultural issues that are influencing adverse selection in insurance markets. Propose some strategies for reducing adverse selection in health insurance within these markets. Develop a microeconomic model that is responsive to your local service demands. Communicate how these issues are relevant to the economics of the greater U.S. health care system. What are the future implications with the Affordable Care Act?
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Write down the economic model from the first regression table. Estimate this model and report with standard mom
1. suppose a local food retailer firm has the following cost function that depends on the daily sales of two goods soft
Consider the expanding input variety model of Section 13.1 with one difference. A firm that invents a new machine receives a patent, which expires at the Poisson rate ι. Once the patent expires, that machine is produced competitively and is suppli..
Do you expect union activity to increase or decrease globally? Please explain.
at a price of $1 each, 200 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply. In the short run, a price increase from $1 to $2 is unit-elastic (Es = 1). In the long run, a price increase from $1 to..
According to a recent study, kids aged 12 to 17 watched an average of 3 hours of television per day. Suppose that the standard deviation is 1 hour and that the distribution of the time watching television has a bell-shaped distribution.
1. During spring break, students have a price demand elasticity for a trip to Florida of 3. The general public has a price demand elasticity 2. Calculate how much an airline charges for student tickets if the price it charges the general public is $..
A local bank advertised the following information: interest 6.89% - effective annual yield 7.128% . no mention was made of the interest period on the advertisement. Can you figure out the compounding scheme used by the bank
Calculate the BIC with the command estat ic and what is the difference between the predicted values and actual for the AR(1), AR(2) and AR(3) models.
Two major networks are competing for viewer ratings in the 8:00-9:00 P.M. and 9:00-10:00 P.M. slots on a given weeknight. Each has two shows to fill this time period and is juggling its lineup. Is this promise credible.
if real output per hour of work decresed by 20% what would be the new levels of real GDP?
The daily production function of a lake is TP=30*F-F^2 (where TP=total daily harvest and F=number of fishermen per day). Suppose each potential sport fisherman on the lake has a daily opportunity cost of $20 and that each fish caught is valued at ..
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