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What are the components of the Affordable Care Act? What improvements have the Affordable Care act made to the United States Healthcare delivery system? What are some examples of how new legislation will affect the problems associated with cost, access and quality?
Suppose the market for a certain dosage of generic blood thinners has a supply described by P=1.88+2.62Q and a demand described by P=4.74-1.39Q. Calculate the equilibrium quantity?
Using the mid-point method, calculate the price elasticity of demand from Point A to Point B. Show the steps of your calculation. Suppose John operates his sandwich stand at the portion of the demand curve between Points A and B. If John would like t..
The constant rate no before the one child policy; after the introduction population growth drops to the constant rate n1 analyze the effect of this policy.
Markets tend NOT to generate a socially desirable outcome when:
Consider a closed economy which can be characterized by the following equations: C = 400 + 0.8YD I = 600 + 0.1y- 1000r G = 300 T = 125 (M/P)d = 0.2Y-6000r (M/P)= 400 a. Solve for the goods market equilibrium and state the equation for the AD and IScu..
Find the following probabilities for a sample of n = 10 trainees selected at random. Two or more are rated as outstanding. None of the trainees are rated as unsatisfactory.
Maria can read 20 pages of economics in a hour. She can also read 50 pages of sociology in an hour. She spends 5 hours per day studying. Draw Maria's production possibilities frontier for reading economics and sociology.
Competitive free marketplaces maximize the utility of those who participate in them; they also maximize society's total utility.
q.assume that his gold-mining industry is competitive.illustrate a long-run equilibrium using diagrams for the gold
What does the high degree of effective control of the world economy by 'the corporate tribe,' along with the extreme concentration of personal wealth in the United States in the hands of the same individuals.
Why doesn’t the Fed simply keep increasing the growth rate of the money supply at faster and faster rates to drive the unemployment rate lower and lower? Wouldn’t the gains in terms of faster output growth far exceed the losses from inflation?
barbers who have turned farmers will drive down wage rate but will still be earning more than if y had remained barbers. Who benefits from technological progress in farming Farmers or barbers.
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