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Some economists have argued that if the government wishes to subsidize health care, it should instead provide predetermined sums of payments (based on the type of health care problems experienced) directly to patients, who then would be free to choose their health care providers. One economic benefit of this approach is that it may
A. limit moral hazard.
B. limit adverse selection.
C. make health insurance more affordable.
D. provide greater health coverage.
The market for milk is in equilibrium and Dr. Derry Del Ray's Daily Dairy is making economic profit. b. After years of lying in wait as a scout, Cookie Monster reveals himself as a member of a hostile alien invasion force. Due to their pillaging, ..
Economists consider which of the following costs to be irrelevant to a short-run business decision? In economic analysis, any amount of profit earned above zero is considered above normal because,
Keynes's theory of employment and output 1. output and employment determine aggregate demand 2. output and aggregate demand determine employment
President Obama campaigned on the theme that he was going to reduce taxes for 95% of working Americans. Why would such a campaign promise be difficult to put into practice?
Helen is buying a 12,375 car with a 3000 down payment, followed by 36 monthly payments of 325 each. The down payment is paid immediately, and the monthly payments are due at the end of each month.
Shaniq buys only soda and pizza and is buying the amounts that maximize her utility. The marginal utility from a soda is 30 and the price of a soda is $2. The marginal utility from a slice of pizza is also 30. The price of a slice of pizza must be
Explain the difficulty of defining and using the user cost of capital and discuss the value in making decisions based on it, rather than using accounting expense data. What is the difference between opportunity cost and accounting costs
what determines a nation's real aggregate income According to the classical model of income determination, what determines a nation's real aggregate income What accounts for the difference between the two models
Explain how have these people changed monetary strategy, fiscal policy also laws that govern businesses since the collapse of the economy.
What happen causing both the demand and supply curves to shift. Find the new equilibrium price and quantity after both shifts
Describe briefly why time lags in discresionary fiscal policy can adversely affect the efforts.
Recently Nepal experienced a catastrophic earthquake killing thousands of people. Using the information you have learned in this class explain how this catastrophic event will affect the world's economy along with Nepal's economy. Use graph..
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