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Q. a. Will a progressive medical tax scheme (i.e. people with higher income face a higher Medicare tax rate) benefit the U.S. Medicare system? Please comment it on different perspectives of government, patients, also health care provider's
b. Health officials have suggested that the spread of AIDS can be partly contained if more males use condoms. Use the concept of demand-side externality to comment on (1) whether the number of condoms sold in the U.S. is more or less than the optimal number, also (2) how the government might correct the externality.
c. Instead of putting price ceiling on medical service, some law makers in the U.S. suggested to put cap on malpractice lawsuit compensation. In your opinion, will a ceiling on malpractice compensation help to reduce the medical costs? Please cite a reference link (URL) to an article which supports your opinion
Describe the changes in the model parameter(s) and resulting changes if any in the hiring decisions of the three types of firms.
In an effort to provide tax relief for households while still balancing the budget, Congress votes to raise business taxes and decrease personal taxes.
If you are near graduation and plan to start your new job in 3 weeks, how does the Bureau of labor statistics classify you? Unemployed, employed or notin labor force.
What is the impact of a tax cut in an economy operating under a fixed exchange rate regime on household spending, interest rates.
Mining is proposed for a wilderness area that provides two benefits: recreation due to backpacking opportunities and biodiversity there are endangered wildlife and plants.
Elucidate what would be the immediate and long run effects on c, k, and y. Explain by drawing the path of these variables. Consider that you impose the new saving rate.
Illustrate what is the Accord's perceived relative advantage with respect to reliability.
Depict the von Neumann-Morgenstern utility index u in a diagram
What is the average fixed cost of producing 4 units of output and What is the marginal cost of producing the third unit of output.
If the government uses a tax to get producers to internalize their externality, what is the net price received by producers.
What role did Red cloud play in the factional splits that occurred in the late 1860s and 1870s.
Assuming oranges operate in a perfectly competitive market, use a well-labeled demand and supply model to explain how market equilibrium price of oranges is determined.
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