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Michael Tanner and Stephan Moore of the Cato Institute recently calculated the hourly wage equivalent of welfare for a single mother with two children for each of the 50 US States. There estimates ranged from $17.50 an hour in Hawaii to $5.33 in Mississippi. What do you suppose were their policy recommendations? What arguments can be make to oppose those prescriptions?
Suppose you plan to purchase a car that costs a total of $28,540 and will finance 85% of this amount. If you are told by the auto-dealer that you can finance the car through them for $469 per month for the next 5 years, what are the monthly and nomin..
Given the production function between nurse hours and patient visits per day to a community clinic, how will each of the following shift this function? A change inures remuneration from salary to fee for service. A change in the case mix of patients,..
Bianca took out a loan from the bank today for X. She plans to repay this loan by making payments of 2,700 dollars per month for a certain amount of time. If the interest rate on the loan is 0.47 percent per month, she makes her first payment of 2,70..
The demand for tickets to the Daytona 500 Nascar event is given by the equation Qd?=350,000- 800p. The supply of tickets to the event is given by the capacity of the Daytona track, which is 150,000. What is the equilibrium price of tickets to the eve..
A college student has been looking for new tires. The student feels that the warranty period is a good estimate of the tire life and that a 10% interest rate is appropriate. Using an annual cash flow analysis, which tire should be purchased? Tire War..
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
What would be true of entitlement spending if the percentage of taxes allocated to discretionary spending rose to 100 percent and the federal budget was balanced? How would entitlement spending be funded if tax revenues just covered discretionary spe..
The single most important health policy choice in the United States over the past four decades has noting. What evidence can you cite to support your position?
In a two player game in which each player has only two strategies,
The price level in the economy in 2007 and 2008 rose from 100 to 105. In 2008 and 2009, the price level increase from 105 to 110.25. How does the short-run Phillips curve forecast the unemployment rate will change as a result?
A 20 year coupon bond with face value $100,000 and a 4% coupon rate has a yield to maturity i = 0.08. What is the value of the annual coupon payment? What is the price of this coupon bond?
Compute cumulative benefits per stage Compute cumulative patients per stage Graph the cumulative benefits curve Which variable represents marginal benefits per stage? C
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