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Most of the increase in the labor portion of total health care expenditures in the past 40 years can be explained by
a) increased real wages of physicians.
b) increased real wages of non-physician health care personnel.
c) increased number of non-physician health care personnel.
d) decreased number of physicians combined with increased demand for physicians.
e) shared income hypothesis.
Why do most governments subsidise high technology industries and tax heavily gasoline? Explain with diagram. What are common resources? Give one examples. Why is whale, but not cow, threatened with extinction?
According to the law of increasing opportunity costs,
Illustrate what price-quantity comb I country maximizes your firm's profits. Is Demand elastic, inelastic or unit elastic at the profit-maximizing price-quantity combination.
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
What are Amazon’s firm-specific resources and capabilities in the United States and Japan? What institutional barriers prevented Amazon from flexing its muscle in Japan initially?
If a U.S. firm purchases a foreign company located in another country, the transaction is accounted for in the balance of payments as part of:
Suppose that the Indian government reduces its deficit and returns to a balanced budget. If other thing remian the same, how will the demand or supply of loanable funds in India change.
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are$100. Investment is $600. Find equilibrium GDP
Assume that the demand for short-order cooks at diners in a small town is ED=400 – 16 w , where E is the number of short- order cooks and w is the hourly wage rate. The market clearing wage is $8, but the town's City Council imposes a "living wage" o..
The AD/AS model describes changes in the economy by relating real GDP (output) and the price level. Compare and contrast the Keynesian portion of the AD/AS model with the classical portion of the AD/AS model, and explain how the level of production i..
What explains the rapid growth in private investment in e-commerce firms in the period 2011–2012? Was this investment irrational? Despite the popularity of Facebook, why was its IPO deemed a failure?
A business executive is offered a management job at Generous Electric Company, which offers him a 5 year contract that calls for a salary of $62,000 per year, plus 600 shares of GE stock at the end of the 5 years. what must the Generous Electric stoc..
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