Q1. Are there any hiring standards that should be avoided? identify them also explain why they should be avoided?
Q2. Instead of putting price ceiling on medical service, some law makers in the U.S. suggested to put cap on malpractice lawsuit compensation. In your opinion, will a ceiling on malpractice compensation help to reduce the medical costs?
Q3. A country recently passed food stamp legislation. Qualified households are given food stamps, which can be used to purchase foods, but they cannot legally re-sell the food stamps. Assume a household receives a grant of $500 of food stamps every month. How will this household's budget line be affected?