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Per capita income in County A is $45,000. Per capita income in County B $38,000. Physician visits average 3.4 per year in County A and 3.2 per year in County B. What is the arc income elasticity of demand for visits?
Illustrate what money supply should the Fed set in year 2009 if it wants to keep the price level stable.
Suppose which equilibrium income is 3200 also the multiplier is 2.38. Equilibrium income would rise to 3400 if planned investment.
Use the characteristics/features of the different market structure to determine which market structure to classify your chosen firm.
In theory, how is managed care expected to affect patient and providers incentives, and hence, the cost and use of medical care? What is the evidence?
The Federal Reserve chooses how much banks lend. The Federal Reserve serves as a lender of last resort. The federal reserve loans money to banks.
A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/20,000, making the marginal revenue MR=1.70-Q/10,000. The marginal cost is constant at equal to 0.80. The fixed cost is 2,000. So, the total cost is..
During the last decade, outsourcing often translated in offshoring of product buys. One popular location to buy product offshore was China. Why was China such a popular spot to buy labor intensive products? Why are many people leaving China and bring..
Do you think in legal matters and health matters and so forth people should be economically valued differently? or should there be one standard amount each person is worth/
q.paolo currently has 100000 invested in bonds that earn him 10 percent interest per year. he wants to open a pizza
these cuts are not discriminate theory, re is nothing EU can or should do about m. So why are some old EU members so upset about East European taxes.
With a fixed proportions-type technology (L-shaped isoquants), a wage increase will cause:
what is the social optimum quantity and price. If the government uses a tax to get producers to internalize the externality what is the net price recieved by producers
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