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A method commonly used through both governments and private health insurers to control the growth in private health insurers to control the growth in health care expanding are limits to reimbursement to providers. How can these limits to reimbursement be viewed as exercise of monopsony power? To prevent health care providers form prescribing more services it is often common to limit approval of services to health care recipients. How is this practice affecting recipients of Medicaid and Medicare?
Reflecting back on what you learned about sustainable management practices throughout this quarter; determine 5 activities that illustrate sustainable management of resources that you pursue in your everyday life.
Illustrate what are the most important concepts you can learn in Economic Theory classes. How can you apply them to your life. What difference can these concepts make in your everyday life.
Illustrate what trends are in the data sets. I need to support my assertions of trends with statistical evidence.
Explain are there any present events in the news that you can directly link to concepts or theories covered so far.
Discuss what has occurred to change the demand for, or the supply of, the good or service, and market prices of those products or services.
Select an article on economic competition from a professional economic, or management journal published in the past 7-years such as The Economist,
Illustrate what is the minimum national loss if Canada is a small country that can not affect the world price.
Elucidate economic influences which can affect the airline industry in a negative way.
Illustrate what the government should do about it, how would each economist explain unemployment and what policies would each advocate.
Elucidate what does it mean to specialize according to one's comparative advantage and trade internationally and an example of a business using this principle.
Assume that the yearly personal income per capita is in the US is $39,000 in 2008, the price of gasoline is $4.00 per gallon, and the consumption of gasoline per capita is 450 gallons.
Discuss some of the damaging effects deflation has on an economy and what would be a monetary policy prescription to decrease or eliminate deflation?
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