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Explain the effect of a third-party-payer system on equilibrium price and quantity. I have a neighbor who had bi-pass surgery that cost us all $150,000 and he was 90 years old. This is a 3rd party example where he only has a few years left but was not able to pay to have the surgery done but we taxpayers paid it. Explain if this is an example of 3rd party payer system and it what way you believe it to be the case?
Because net exports are counter-cyclical, analyze how the following change during an economic expansion: Consider the case in the context of a flexible exchange rate and a fixed exchange rate.
Illustrate what is the size of the labor force. What is the official unemployment rate.
Using the IS/LM model, demonstrate the effect of each of the following changes.
Commmon and preferred stock issuances and dividends. Permabilt Corporation was incorporated on January 1, 2003, and issued the following stock, for cash:
Illustrate what is the own price elasticity for ATM fees charged to non-customers.
In which direction with the substitution effect change the firm's employment and capital stock.
What are the main differences among microeconomics and macroeconomics. What factors contributed to making that decision.
How income may change savings behavior
Illustrate what other economic factors are affected when taxes are raised or lowered, and how are they affected.
Illustratr what can you infer regarding the own price elasticity of demand for Big G cereal.
Is the demand for electricity much price elastic when measured over a short period of time or a long period time. Explain.
What is the marginal opportunity cost of services in each country? Who has the comparative advantage in factory-stuff?
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