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The United States takes pride in free market system, freedom, and individual achievements, yet one of the major problems in dealing with any welfare program is the tension between individual and social responsibility - Medicare is no different. Should adult children be responsible for the medical expenses of their parents? Where does individual and family responsibility end and social responsibility begin? Discuss the main issues surrounding the high cost of Medicare and Medicaid and what can be done to contain the cost in coming years.
Discuss the policy tool(s) the Federal Reserve has been using in the last year or two. What benefits does this tool have? Is it effective in supporting the money supply? If not, what can be done differently?
Explain the underlying basis for foreign direct investment, and discuss several factors that may contribute to it. What factors have likely contributed to the current U.S. net direct investment position?
Which one of the following is a possible operation performed by this sequence?
Consider a principal-agent model in which the principal is the risk- neutral owner of a firm, while the agent is the firm's manager who has pref- erences defined on the mean and the variance of his income w and on his effort level e as follows:
The president of your company (a medium-sized health maintenance organization) has asked you to conduct research into patient use of your facility during the last two years. What ethical issues do you want to consider, as you design the research?
the number of hours per week supplied to a particular market by three individuals at various wage rates. Compute the total hours per week supplied to the market.
In "Final Jeopardy" (pp. 234-242), Stephen Baker expresses an interesting look at the way technology, especially in terms of machines, could dramatically change the relationship between mankind and technology—not just helping us to locate information..
q1. explain and show graphically the effect on the supply and demand for bonds in a deflationary period. what is the
The economy of country Rumblen was hit by a banking crisis which has led to a recission. Jason Wallace, a real estate agent, says that the economy will recover soon because the government is taking various measures to counter the recession. Which of ..
Using a production possibilities curve, demonstrate how the GI Bill affected economic growth and explain your answer.
Find the equilibrium price and quantity algebraically. If tourists decide they do not really like T-shirts that much, which of the following might be the new demand curve.
Suppose the Federal Reserve is concerned about an inflationary gap, and as a result the Fed conducts contractionaty monetary policy. Explain the open market operation the Fed would engage and how that impacts the AD/AS model in the short run. All els..
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