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What are health savings accounts (HSAs)? How might they reduce the overconsumption of health care resulting from traditional insurance?
Which of the two approaches do you think has the better chance of reducing health care costs?
. What was the level of such expenditures in 1990? In 2000? For the most recent year shown? Find information on health expenditures as a percentage of GDP.
What percentage of the total uninsured were Asian, black, Hispanic, and white? What percentage were under 35 years of age? What percentage worked full time?
Cite an example of an explicit cost of moving; an implicit cost of moving. How do distance and age affect the migration decision?
What is a brain drain as it relates to international migration? If emigrants are highly educated and received greatly subsidized education in the home country.
Use the simple immigration model to demonstrate the key elements of the WSJ story as just described.
How might an amnesty program affect the flow of future border crossings?
What were the five main features of the proposed immigration reform of 2007? Which of these features, as general principles, do you support?
What were the top five states of residence of new legal immigrants in that year and what percentage of the total immigration did they comprise?
Which five countries have the most foreign-born residents in absolute terms? Why do the two lists differ so substantially?
What about the effect of this 5 percent growth on the nation's living standards? Will these also necessarily grow by 5 percent per year given population growth?
If real GDP per person in Mexico grows at the rate of 5 percent per year, about how long will it take Mexico's real GDP per person to reach the level that the U
Why are prices sticky? Explain the two reasons given in this chapter and then try to think of two more.
Write down the growth rates of the countries with the fi ve highest real GDP growth rates and the five lowest real GDP growth rates.
Draw an offer curve for the United States that shows its offer of wheat for coffee. Show this US curve intersecting Guatemalan offer curve in inelastic range.
What is the real exchange ratio (terms of trade) in Togo? If Togo consumes 75 million bushels of wheat, after trade begins, how much cloth will it consume?
What will Country A produce after trade? What will Country A consume after trade? Show its consumption point and its trade triangle.
How do increasing-cost conditions affect the extent of international specialization and exchange? Explain.
How is the opportunity to trade with neighboring countries relevant to your answer?
With free trade illustrate the market graphically and compute the total amount purchased, and the amounts supplied by domestic and international suppliers.
Given your understanding of the different effects of tariffs and quotas. Who gains and who loses from the imposition of an export tax?
What are likely to be the employment effects of this action? Discuss, considering as many aspects of this issue as you can.
Volatile prices of primary export products result in unstable export earnings for many LDCs. How will earnings be affected by price stabilization pacts?
Are there groups in the home country that nevertheless would be adversely affected? What happens to domestic employment and wages?