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What cost-containment programs or approaches have been used by the health insurance industry in the last two decades? What are the similarities and differences in how these programs use deductibles and cost-sharing options?
Contrary to the assumption in part a,there was technological progress in the 20th century, i.e. the technology growth rate g>0. Suppose this rate of technology growth g is expected to be the same in the 21st century. Now let us consider the same ques..
Suppose $1.69 = £1 in New York and $1.71 = £1 in London. How can foreign-exchange arbitragers profit from these exchange rates? Explain how foreign-exchange arbitrage results in the same dollar/pound exchange rate in New York and London. (£ represent..
Explain the entities affected by industrial regulation in terms of marketplace structure.
Upon graduation, you realize you have three options: you can take a job as a computer programmer, take a job as a coal miner, or remain unemployed and play video games all day. As a coal miner, you would create value of $3,000 per week, and receive d..
Each scenario below gives some information about price elasticity of demand. For each, calculate the missing data, and determine if the price change under consideration will increase, decrease, or not change the firm's total revenue.
What are the equilibrium level of income and the equilibrium interest rate?
Discuss on how during a period of financial crisis when funds cannot be raised easily or quickly, the fundamental values of some assets can depart from market prices. Explain how this relates to the distinction between loans and securities. Identify ..
Explain why the price of gas has changed. Identify some of the market factors that led to the price increase. Consider the determinants(supply or demand) that affect it. What is the impact on the market equilibrium as a result (due to a shift)? Give ..
Two plants are emitting a uniformly mixed pollutant called gunk into the beautiful sky over Tourist Town. The city government decides that the total emissions must be reduced by 100 kgs of gunk per day. If both systems (the pollution tax and the perm..
Illustrate what kind of gap-inflationary or recessionary-will the economy face after the shock, and what type of fiscal policies, giving specific examples, would help move the economy back to potential output.
Using graphical analysis for demand and supply, please show in two graphs how an improvement in the technology (such as using artificial intelligence programs for diagnosis/interpretations) would affect the healthcare market, an increase in mergers a..
Between February 2008 and Summer 2009 the Fed supplemented its open market operations with a greatly expanded program of direct lending (both overnight and short term 28 and 84 day loans) to commercial banks, investment banks, brokerage and primary d..
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