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In a free enterprise system the government should have a minimum involvement in people's lives. In 2010 the President signed the affordable health care bill into law. This law requires that everyone buys health insurance whether they want to or not. A substantial financial penalty will be imposed on employers or individuals if health insurance is not purchased by January of 2014. Do you feel that people should be forced to engage in activities that the government mandates for the greater good of society? Why or why not? In general, do you favor having government more and more power to regulate private industry? Please provide documentation for your answers. Feel free to comment on the postings of your fellow students.
What should have happened to their real wage. Given a constant MPL, barbers should have experienced no wage change. D. In what units is real wage in part.
Health officials have suggested that the spread of AIDS can be partly contained if more males use condoms.
A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his students, "Due to the increase in tuition, how many of you will transfer to another university.
Why should this policy be undertaken under conditions where economy is at some GDP level less than full employment level? You may use a long run aggregate supply curve to bolster your argument here.
Use the characteristics/features of the different market structure to determine which market structure to classify your chosen firm.
What are the equilibrium price and quantity. If demand increases to D', what are the new equilibrium price and quantity. What happens if the government does not allow the price to change when demand increase.
Explain how would constraints on financial resources vary with private pay, versus Medicare, charity or Medicaid pay as primary revenue streams for your facility.
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
Explain how does the trade deficit affect U.S. economy. Explain how does it affect the firm or organization you work for.
Suppose that both countries are currently producing three pairs of boots and three shirts. Elucidate that both can be better off if they each specialize in producing one good and then engage in trade.
Assume that the marketplace for sweaters is perfectly competitive. The future value of a deposit in a savings account will be larger
Weigh the risk also benefits of outsourcing internationally by corporate America for the standard working person.
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