Discuss measuring income Distribution using a geometic representation called the Lorenz curve. Explain the theories of desired income distribution using Productivity; and Access to education. Define poverty (Absolute & Relative). Show family data over past 20-yrs in US.
Discuss the economic effects of third-party payers in Health Care demand. How do medical-saving-accounts mitgate this effect? Discuss what have been the results of testing medical saving account in USA. Can new government insurance help this situation?