Steps involved in the political process

Question

In a paragraph format:

Question 1: Please identify and describe in detail the steps involved in the political process

a. Each step has its own specific characteristics, provide examples of each.

Question 2: Please explain the concept of actuarial fairness and present an argument in support of that position

Question 3: Please explain the concept of solidarity principle and present an argument in support of that position

Question 4: Discuss how the concept of actuarial fairness has historically been put into practice

Question 5: What is the logic behind the market?

Question 6: What is Welfare loss?

Question 7: Discuss the assumptions of the ideal market and how they relate to the healthcare market

Question 8: Identify and explain the two basic theories of motivation for regulation

Question 9: Identify and describe the ways in which government can intervene in an imperfect market

Question 10: Please identify and describe the two fundamental policy positions when making decisions in an imperfect market. Compare and contrast positions.