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TRICARE is a government-sponsored insurance program for military service members. Being able to access care can also be the result of eligibility of specialty services or the facility's ability to get reimbursed for services provided. Are there any differences in the eligibility requirements for TRI-enrollees based on reimbursement ability by the facility? If so, is this "fair?
Suppose that the firm uses three inputs to produce its output: capital K, labor, L and materials, M. The firm's production function is given by Q = K^ (1/3) * L ^ (1/3) * M ^ (1/3). The prices of capital, labor, and materials are r=1, w=1, and m=1..
Chez Henri is a restaurant chain that operates in forty different cities. It employed an economist to determine the factors affecting the demand for its sales.
If your nominal income rose by 5.30 percent and the price level rose by 4.30 percent in some year, by what percentage would your real income (approximately) increase If your nominal income rose by 2.80 percent and your real income rose by 1.00 perc..
Given your answer to part (a), why is there unemployment in the economy? (What would happen to real wages if the unemployment rate were equal to zero?)
What happens to output, Y , and consumption, C ? What happens to investment, I ? What happens over time to the stock of capital, K ?
In the economy of Cape Despair, the subsistence real wage rate is $15 an hour. Whenever real GDP per hour rises above $15, the population grows, and whenever real GDP per hour of labor falls below this level, the population falls.
a company is considering buying workstation computers to support its engineering staff. in todays dollars, it is estimated that the maintenance cost for the computers (paid at the end of each year) will be $25000, $30000, $32000, $35000, and $4000..
Consider an IS-LM model in which money demand depends on after-tax income, so the LM equation is M / P = L(r,Y ?T) . The IS equation is standard one, Y = C(Y T) + I(r) +G. Assuming a fixed price level in the short run, find the signs of dY* / dG a..
How does this action change the long-run real exchange rate between the home and foreign currencies? How is the long-run nominal exchange rate affected?
US Output: 100 units Labor: 20 workers Wages: $3 Exports:$90 UK Output: 50 units Labor: 20 workers Wages:$2 Exports: $45 1.) Compare the relative productivity with the wage ratio 2.) Then calculate the ratio of the two exports. 3.) Determine whether ..
Countries A and B have two factors of production, capital and labor, with which they produce two goods, X and Y. Technology is the same in the two countries. X is capital intensive; A is capital-abundant. Analyze the effects on the terms of trade ..
Domino Pizzas decides to raise their price of their large Meatlovers supreme from $9.00 to $9.50. Their sales fall from 500 meatball subs to 460. Using the midpoint (or arc) formula, the elasticity of demand for Meatlovers supreme in absolute valu..
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