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Those who wish to purchase private insurance may do so, but they will not be covered by national insurance and will have to pay all their medical expenses. What do you think about excluding some peo
Problem: How would you fix the Social Security system in the United States?
You purchase a farm for $1,000,000 in cash. A local farmer rents the land to grow wheat and this pays your real estate taxes and insurance. After five years you can sell for $2,000,000. If inflation
Without a redistribution plan, total income in this society is ___________. After the redistribution plan is implemented, total income in this society is___________. Therefore, the redistribution pl
Question 1: Discuss your view of elasticity of gasoline based upon the changes we have experienced during the past few years. Question 2: Why is the long run elasticity greater than the short run elas
Who (free market, insurers, Government, drug companies) should determine how demand is met? Use economic theory to support your claim.
Problem 1: Discuss the problems of measuring productivity in actual work situations. Problem 2: How might productivity be measured for each of the following industries?
Using the preceding data, a- write equations for total cost, average total cost, average variable cost, and marginal cost.
Do you think that Hyatt practiced SHRM in deciding to outsource housekeeping? Can you determine if it improved or hurt the bottom line?
Why does the assumption of independence of risks matter in the example of insurance? What would happen to premiums if the probabilities of house burning were positively correlated?
AAAcme Company is preparing an investment plan and has received three proposals with investments and returns as shown below. Which one(s) should be approved using a discounted payback period of 3 ye
Question 1: What is third-degree price discrimination? Question 2: What three conditions must be met for third-degree price discrimination to be feasible?
1. Determine which new product(s) should be chosen using the Internal rate of return criteria. 2. Determine which new product(s) should be chosen using the present worth criteria.
Management and outside analysis expect the growth rate of earnings and dividends for the company to be 7.5 percent per year. Calculate the cost of the equity capital to this firm.
Problem: Good-N-Safe Insurance Agency's finance department has been swamped with claims stemming from a recent hurricane.
Assess the impacts that the Internet and e-commerce have had on international business and how it is conducted. What are the main opportunities and challenges these technologies have presented to MN
What happens to his demand curve if the insurance company institutes a 40% coinsurance feature (Alfred pays 40% of the price of each visit)? What is his new equilibrium demand?
Graph the demand curve in this case. Suppose the average prescription is $15. What is demand under i) no insurance, ii) 0% coinsurance, and iii) $9 copayment?
Discuss the history of when, how, and why CDHPs were developed. Define health savings accounts, health reimbursement accounts, and flexible spending accounts.
If the needed upfront investment would be $6 million, construct an incremental Income statement (no cash flow statement required) showing the effect on Net Earnings of the new product.
Consumer-Driven Health Plans: How do consumer-driven health plans work for different sections of the population? Which socioeconomic group is likely to benefit the most?
A large manufacturing company has for years offered generous health insurance to its employees. Over time, the cost of the health plan has increased considerably with the average cost being roughly
From an economic perspective, what tendencies do you see in the evolution of the health insurance market in this country?
What is the annual cost of this facility to the community? Assume that the facility will have a useful life of around 15 years.
Why are there still poor people in America half a century after the implementation of a system of social welfare programs that were designed to end poverty?