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Consider a health utility questionnaire with only 3 domains (physical role, social role, and cognitive health), each of which has two levels (no problem and some problems). A person in perfect health has a utility score of 1.0 and a dead person has a score of 0 or less. Suppose the scoring algorithm is as follows:
*For some physical problem subtract 0.08
*For some social problem subtract 0.29
*For some cognitive problem subtract 0.35
*For 1 or 2 problems subtract 0.14
*For 3 problems subtract 0.40
Calculate the utility of a person having some cognitive problems and some social problems. (Round to 2 decimals)
Which of the following events will tend to increase net exports of the United States?
Illustrate what was the impact on the supply and demand of labor on one sector of the labor market. Explain the factors that affected labor demand and labor supply in the chosen historical example.
Moldovan authorities declared not only once that y want to sign an agreement with IMF that would not envisage Moldovas financing. Can fund accept such a scenario.
What is the quantity that maximizes profit? What is the revenue and profit at that point? What is the quantity that maximizes revenue? What is the revenue and profit at that point?
The Global Financial Stability Report is a semi annual report published by the International Capital Markets division of the International Monetary Fund (IMF). The report includes an assessment of the risks facing the global financial markets.
Illustrate what would happen to the profit maximizing level of output if the market price suddenly rose to $54 per case. Explain why the output level changes.
Illustrate what is the underlying factor which seems to help clarify whether or not the economy is self-adjusting.
In what industry will a given percentage increase in production workers result in the largest percentage increase in output.
Key concepts to include in your paper--data trends on unemployment, inflation, GDP growth, expansionary fiscal policy tools, FOMC, easy money policy tools and other terms from this class.
What do economists mean when they say markets are mutually interdependent? Give an example to support your explanation
Calculate deadweight loss if U.S. imposes a tariff of 25 cents per bottle of imported wine.
If David and Ellen live in rent-controlled apartments, Illustrate what is the equilibrium cost for the non-rent-controlled apartments.
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