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1. What do you think will be the basic problem of financing Social Security in the next 25 to 30 years?
2. What would be the benefits of an open, free market for human organs?
3. What do you think of a recommendation to privatize Social Security?
Find the number of physicians to be located in each of the areas if the physicians are income maximizers - Population Index
When the United States placed a tariff on steel imports in 2002, foreign producers naturally complained, but there were also complaints from U.S. firms operating in other industries. Why would other types of firms strongly object to the tarriffs on U..
A houseowners son has agreed to invest some money in materials for remodeling of his parents kitchen, if he can decorate kitchen and the cabinets in vinyl he likes.
Explain why cannot nations like Greece or Spain use quantitative easing as a means to stimulate their economies.
Do a market analysis for the product. Each group may carry out some desk research and fieldwork and do a write up on the following details of a product your group have chosen.
Consider the Linear demand function Q = 20 - 0.5P. using calculus, find the level of output, Qrmax, where total revenue reaches its maximum value.
Suppose that the Fed's inflation target is 2%, potential output growth is 3.5%, and velocity is a function of how much the interest rate differs from 5%: %^V= 0.5 X (i-5). Suppose that a model of the economy suggests that the real interest rate is..
Why do some stores offer senior citizen discounts on Tuesdays? Senior citizens have perfectly inelastic demand curves, whereas other shoppers do not.
Mr. Capon is a butcher who recently increased price of steak at his market from $1:50 pound to $2 a pound. Correspondingly his sales dropped from 200 pounds a day to 100 pounds a day.
Illustrate what do these numbers imply for the decision of when to open a shared facility versus two separate facilities.
Is there a significant difference in quality and acess between for-profit and not-for-profit hospitals? What is the empirical evidence? (Clearly distinguish between private not-for-profit hospitals ad public hospitals).
Explain how the Central Bank can set the nominal interest rate in the money market. In addition, explain how it can use expansionary monetary policy to boost GDP if the economy is in a recession.
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