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Question: Suppose that health insurance premiums have increased substantially in the past year. You are a member of your firm's fringe benefits committee and have been charged with reducing the cost of health insurance. What sort of changes to the benefits package would you recommend and why?
New trade theory came about when economists realized that the theories of specialization and trade (i.e. the Ricardian trade model) were not being borne out in
Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years. Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, cos..
Analytical essay about "Why bother with theory in IPE? The essay should deal with a brief description and critical assessment of the four major theoretical perspectives discussed in class. What are "liberal" (also related to Keynesianism", "neolibera..
Keds-the traditional maker of white canvas tennis shoes-was near oblivion in the early 1980s because competitors like Nike, Reebok
In the theory of the firm, economists consider the total cost C to be a function of the output level Q, that is, C = f(Q).
Which one is an example of physician-induced demand (PID)?
It costs M&M $52 to purchase each unit, the fixed cost of ordering is $260, and the carrying costs equal 15 pecent of the units purchase price.
(a) What is the joint probability distribution for first cost and net revenue?
Compared with perfect competition, quantity produced in monopolistic competition is inefficient as price is higher than marginal cost (i.e. allocative inefficiency). Why do some economists argue that even if price is higher than marginal cost, it doe..
Draw a PPF for The Federated States of Econesia (FSE) which can produce 1,000 diamonds if it devotes all resources to diamond production or 4,000 automobiles if
You borrow 10,000 and agree to repay the loan with 5 level payments of 2,500 at the end of each payment period. What periodic interest rate are you paying?
Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900.
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