Questions
Suppose the Florida legislature is considering a measure that would provide publicly-financed health care to all...

Suppose the Florida legislature is considering a measure that would provide publicly-financed health care to all new immigrants for a one-year period. If you were asked to do a cost-benefit analysis of the proposal, what sorts of costs and benefits would be important to consider? Why? Be sure to use the concepts of public goods and externalities in your answer.

In: Economics

The relationship of principal and agent is pervasive in our economy—e.g., stockholder and manager of a...

The relationship of principal and agent is pervasive in our economy—e.g., stockholder and manager of a company, seller (or buyer) and real-estate broker, client and lawyer, etc. List and discuss at least three reasons why the principal-agent relationship is different in health care? In addition, use at least one specific health care example in your answer.

In: Economics

Use the equation C=a+bY to motivate a discussion of the Keynesian consumption Function. Graph this function...

Use the equation C=a+bY to motivate a discussion of the Keynesian consumption Function. Graph this function and then show the effect of at least four variables on aggregate consumption expenditures. You must provide a complete explanation and diagram of each case of how each variable influences the level of consumption.

In: Economics

Briefly describe the primary determinants of aggregate investment. Defend the relationship that exists between reductions in...

Briefly describe the primary determinants of aggregate investment. Defend the relationship that exists between reductions in the real interest rate and the overall level of investment. Discuss two factors that lead to the observed historical volatility in investment spending. Explain a possible scenario in which aggregate investment spending decreases despite there being a decline in the economy’s real interest rate.

In: Economics

Discuss the fundamental differences between the Classical and Keynesian schools of macroeconomics. Use these differences to...

Discuss the fundamental differences between the Classical and Keynesian schools of macroeconomics. Use these differences to motivate a discussion of how inflationary and recessionary gaps can be eliminated through the use of discretionary fiscal policy. Use a graphical analysis and conclude by considering the long-run ramifications of adopting a fiscal budget that is sensitive to movements in the business cycle.

In: Economics

How do write a proposed funding for non-profit. Are there any examples?

How do write a proposed funding for non-profit. Are there any examples?

In: Economics

Explain the difference between inclusive and extractive economic institutions. What are the political and economic outcomes...

Explain the difference between inclusive and extractive economic institutions. What are the political and economic outcomes associated with each type of institution? What are the sources of economic institutions?

In: Economics

What Advice would you give to the  New CEO for Wells Fargo to fix the previous fraudulant...

What Advice would you give to the  New CEO for Wells Fargo to fix the previous fraudulant charges?

In: Economics

Explain the meaning of the term rent seeking and illustrate graphically how it could undermine efficiency...

Explain the meaning of the term rent seeking and illustrate graphically how it could undermine efficiency in the economy

In: Economics

What is the relationship between economic equality and democracy? How does the democratic process affect the...

What is the relationship between economic equality and democracy? How does the democratic process affect the level of equality in a given society? What are the political impacts of high inequality?

In: Economics

Write an essay explaining the current monetary policy stance of the Federal Reserve. Your answer should...

Write an essay explaining the current monetary policy stance of the Federal Reserve. Your answer should include: discussion of the goals of monetary policy; what is the target variable they are using and why; how does it actually execute this policy; how and why the Fed has expanded its balance sheet to and what they current values of the monetary policy variables are. You also need to discuss: the Fed’s current behavior as a lender of last resort to the financial system and its efforts in influencing long-term interest rates.

In: Economics

In this case study you investigate how good the official ‘unemployment rate’ captures the unemployment in...

In this case study you investigate how good the official ‘unemployment rate’ captures the unemployment in the economy.

You should reference the two articles provided on this subject above, the material in your textbook related to this topic and one more article of your choosing. Address the following questions in your paper:

1. Does the official unemployment rate capture the true unemployment in the economy?

2. What are the ways to address any flaws in the report?

In: Economics

3. Compare the unemployment rates for the latest results (after the corona virus pandemic) with last...

3. Compare the unemployment rates for the latest results (after the corona virus pandemic) with last year's percentage

4. Provide a graph showing the unemployment for the last ten (10) years

(Hint: The X-axis should represent the years and the Y-axis the percentage rate of unemployment. You can attach a MS Word or Excel for the graph.)

In: Economics

branding ghana as a tourism destination. the major considerations

branding ghana as a tourism destination. the major considerations

In: Economics

Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top...

Recently, the owner of a Trader Joe’s franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $60,000 and her store made $135,000 in profits (not counting payment to her top manager). She suspected the store could do much better and feared the fixed salary was causing her top manager to shirk on the job. Therefore, this year she decided to offer him a fixed salary of $30,000 plus 18% of the store’s profits. Since the change, the store is performing much better, and she forecasts profits this year to be $275,000 (again, not counting the payment to her top manager).

Assuming the change in compensation is the reason for the increased profits, and that the forecast is accurate, how much more money will the owner make (net of payment to her top manager) because of this change?

$

Does the manager make more money under the new payment scheme?

(Click to select)  Yes  No

In: Economics