Reflect the desires of the populace

Assignment Help Business Economics
Reference no: EM131159962 , Length:

''It is not necessary for a country to control its health care expenditures, since they may reflect the desires of the populace.

As the United States becomes wealthier, and as medical care interventions become more effective in improving health, spending more on our national wealth on medical care is good, not bad.''

Take a side and defend your reasons for agreeing or disagreeing with this statement.

Verified Expert

The work is in 900 words in MS word in APA format. The major focus has been on country to control its health care expenditures, since they may react the desires of the populace. As the United States becomes wealthier, and as medical care interventions become more effective in improving health, spending more on our national wealth on medical care is good, not bad. hence, the work has been focusing on how effective interventions are helpful and how they can help in improved impact with medical care.

Reference no: EM131159962

Questions Cloud

What is the basis for the managed care backlash : What is the basis for the managed care ''backlash'' in the United States, and why has enrollment in PPOs grown while enrollment in HMOs has declined?
Owners of an otherwise identical proprietorship : Shareholders in a regular corporation (not an S corporation) pay higher taxes than owners of an otherwise identical proprietorship.
Reply the given discussion forums : this is a biomedical ethics course and debate. - Provide reason for your belief . - Reply the given discussion forums.
Compute and interpret the expected value : Suppose a life insurance company sells a $250,000 one-year term life insurance policy to a 50-year-old male for $1,900. According to the National Vital Statistics Report, Vol. 47, No. 28, the probability the male survives the year is 0.99433. Comp..
Reflect the desires of the populace : As the United States becomes wealthier, and as medical care interventions become more effective in improving health, spending more on our national wealth on medical care is good, not bad.'
What is a business environment : How will you arrive at a business decision? What is a business environment?
Goals for equilibrium inflation rates and employment growth : In this question, we drop the assumption that the Fed is certain of the correct timing and magnitude of increases in short term money market rates in the US. What are the Fed’s goals for equilibrium inflation rates and employment growth? What circums..
Social benefits of curbing-abatement of pollution : a) What are the social benefits of curbing/abatement of pollution? b) What are the social cost of curbing/abatement of pollution (yes, there are some)?
Leader in weather reporting : The US is the world leader in weather reporting, providing benefit to the US and many other countries as well. There is huge external benefit to providing this to the world at large. However, there is a huge cost as well and most of it is borne ..

Reviews

Write a Review

Business Economics Questions & Answers

  Operates as a price-discriminating monopolist

Cinemax is the only movie theater in Dannyburg. As such, it operates as a price-discriminating monopolist. Two types of customers view movies there: adults (A) and high school students (S) . Their respective demand functions are: Qa = 6400 Pa-2 Qs = ..

  What is the value of lerner index at profit-maximizing price

Rick sells hamburgers, facing no competition the demand for his burgers is: Q=1000-2P, where Q is the quantity of burgers sold per week and P is the price of a given hamburger. Suppose Rick’s monthly cost is given by: TC= 1000+100Q. What is the value..

  Marginal revenue curve is above the demand curve

If a monopolist increases quantity by one unit, but sells the increased output at a slightly lower price, A. marginal revenue is affected by adding one additional unit sold at the new price. B. all the previous units, which used to sell at a higher p..

  How the indifference curve and budget line

Explain how the indifference curve and budget line apparatus are used to derive a consumer's demand curve.

  Reliable estimate of economic growth than nominal GDP

Explain the two approaches that can be used to compute GDP. Why do these two approaches lead to the same value for GDP? Explain why real GDP is a more reliable estimate of economic growth than nominal GDP.

  Specialized auto parts manufacturer

Suppose you own a specialized auto parts manufacturer. You purchase and have installed a new machine to make a particular type of part. The price of the machine plus installation is $300,000. If you have already purchased the machine, should you go a..

  Using aggregate supply and aggregate demand diagrams

Using aggregate supply and aggregate demand diagrams, illustrate each of the following situations: When will expansionary monetary policy reduce unemployment, but have little effect on inflation? When will contractionary monetary policy reduce inflat..

  What do supply-siders think about the overall economy

What do Supply-Siders think about the overall economy? What Policy Levers do Supply Siders think should be used in this approach? Why is Supply-Side not accepted as an Economic Theory?

  Cost to the macro economy of current consumption

An increase in Real GDP means that the Production Possibility Curve must move outward. There is no cost to the macro economy of current consumption. Increased Capacity Utilization means that the PPF is moving outward.

  The demand curve for cookies is downward sloping

The demand curve for cookies is downward sloping. When the price of cookies is 2 dollars, the quantity demanded is 100.If the price rises to 3 dollars, what happens to consumer surplus?

  Explain how does this information affect her taxable income

Assuming Norma has no other capital gains or losses, how does this information affect her taxable income for 2010.

  Analyze the dynamics of supply and demand

Identify at least four key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd