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In 2010, President Barack Obama and Congress enacted a healthcare reform bill in the USA. Two goals of the bill were to provide more Americans with health insurance (via subsidies for lower income households) and to reduce the cost of healthcare (via various reforms in how healthcare is provided). a. How do these goals relate to equality and efficiency? b. How might healthcare reform increase productivity in the United States? c. How might healthcare reform decrease productivity in the United States?
Illustrate what is the industry's profit maximizing output level. Is the organization in long-run equilibrium.
claimed that the accumulation of wealth by capitalists was a small price to pay for the economic expansion from which all Americans benefited.
Illustrate what wage would a monopoly union demand Explain how many workers would be employed under union contract.
Elucidate what happens to the official measure of GDP in each of the following situations.
Illustrate what is the fed funds rate in the banking system. Explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Arrival rate of customers and processing times of customers each have a coefficient of variation = 1.0. On average, how many customers are standing lines.
According to the article about the gasoline shortage, which way is the demand curve shifting
The client would like to know what output level should it select that will keep the competitor from changing its output.
Can you see any practical problems that might arise in following such a policy? How do your previous answers change in the special case where money demand does not depend on the expected rate of inflation?
Should the airline replace its night flight from LA with a morning flight as well as should the airline remain in business.
Unlike the physical supply chain, inefficiencies characterize the financial supply chains of most companies.
If industries collude, Illustrate what will be monopoly cost (optimal cost P*), total output of two industries (Q= q1 + q2) and total profits of two industries.
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