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Medical costs are once again rising rapidly, forcing health care back into political prominence. This issue direct affects you as a student, family member, employer, and/or employee. The problem of medical costs is so pervasive that it underlies three quite different policy crises. First is the increasingly rapid unraveling of employer-based health insurance. Second is the plight of Medicaid. Third is the long-term problem of the federal government’s solvency which is largely a problem of health care costs.
Write an eight page paper addressing each of these issues. Be sure to choose a position (of which there are many) and substantiate that position with facts and economic data. Some of the issues which need to be answered are:
Is health care spending a problem?
Is employer-based insurance unraveling?
Medicare and Medicaid
The inefficiencies of the health care.
Single-payer and beyond.
How much health care should we have?
Can we fix health care?
Suppose that a firm’s long-run average total costs of producing an individual income tax return is $75 when it produces 1,000 returns and $75 when it produces 1,200 returns.
between patents and copyrights which reflects a free market and which is a grant of monopoly privilege by the state?
The spot price of oil is $110 per barrel and the cost of storing a barrel of oil for one year is $3.25, payable at the end of the year. The risk-free interest rate is 6% per annum, continuously compounded. What is an upper bound for the one-year futu..
A personal experience to explain the relationship between virtue, values, and moral concepts as they relate to one of the three theories.
Your company has just signed a three-year nonrenewable contract with the city of New Orleans for earthmoving work. You are investigating the purchase of heavy construction equipment for this job. The equipment costs $200,000 and qualifies for five-ye..
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What will be the gross revenue if the government’s NCF is $560,000, contractor's NCF is 240,000 and the contractor's cost is 200,000?
At NYIT in 1993 a 100ton electric A/C system (electric driven compressor) with a 100ton natural gas absorption system. Electric then was $.12/kwh and the natural gas unit was expected to half the energy cost. Other date is listed below. Make a financ..
Show how each of the following would initially affect a bank's assets and liabilities.
q1. consider an investment that will pay 680 per month for the next 15 years and will be worth 28000 at the end of that
The allocation of promotional dollars between ‘pull’ (consumer promotions + media advertising) and ‘push’ varies drastically for many advertisers across countries. What are the factors behind these variations?
Consider Solow's model when the production function is Y = 1000K0.3 L0.7 . The population growth rate is 2%, ? = 0.1 is the depreciation rate and s = 0.25 is the savings rate. Suppose this economy was in its steady state when unexpectedly Total Facto..
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