President Clinton's health care reform plan used price controls as one of its basic means of controlling spending. The controls included fee schedules in the fee-for-service sector, limits on the absolute level of health insurance premiums and their allowable year-to-year increases, and perspective budgets for regional health alliances.

Research the case for and against price controls in medical care. Under what circumstances will they work? Do these circumstances exist in the United States?

Byron Bright, an inventor, sells the patent rights on his latest invention to Wilson Corporation. Wilson intends to manufacture and sell Byron’s invention. Byron will receive $50 per unit Wilson sells plus a lump-sum payment of $500,000. What is the tax treatment of each type of payment for Byron? If Wilson Corporation is limited to producing and selling Byron’s invention in the western section of the United States, what is the tax treatment of each type of payment?

Target Corp. is a U.S. corporation. The company wants to expand its business in South America. The CFO has requested you to research, if these following countries has a tax treaty with the United States:

a)      Brazil

b)      Mexico

c)      Argentina

Please explain all these three countries, research if these countries tax dividends, interest, and royalties paid back to the U.S. parent. (Hint: the IRS.gov website and search for country specific treaties will help you.)

The audit team is preparing to audit a new client in the fashion industry. The client imports garments from manufacturers in several Asian countries and retails them in a chain of shops located throughout the United States.
You have access to the following information for the client:
a. prior period financial statements
b. anticipated results for the current year
c. industry averages
Required
Discuss how you would use the information to understand your new client.

Explain what the rational ignorance and median voter theories are (from public choice theory) and how they might influence voter turnout. Based on some quick research discuss the following main themes:

• How does voter turnout in the United States compare with other nations?
• What are some of the reasons that we have the turnout we do?
• Can you think of way to incentivize voter participation without having negative consequences?

An economist is sitting in the oval office of the white house,across the desk from the president of the United States. The president asks, "How does the unemployment rate look for the next quarter?" The economist answers, "it is not good,I dont think real GDP is going to be as high as we initially thought. The problem seems to be foreign income" it is just not growing at the rate we thought it was going to grow." How can foreign income affect U.S unemployment?

. If the employment-to-population ratio increases, what will happen to total hours of work in the United States? Job search and advertising now are available on the Internet. Using e-mail, job applicants can submit resumes to prospective employers. One popular website of this kind is www.monster.com.

a)How should this service affect the unemployment rate?

b)Suppose everybody in the working-age population has access to www.monster.com. Would you expect unemployment to be eliminated? Explain

  1. How do different environmental standards affect industry location and international trade?

a. What are the benefits of intra-industry trade?

b. How does a tariff lead to production cost inefficiencies?

c. How can trade be based on technological gaps and product cycles? Your answer should include

   an explanation of each.

d. What would happen to the US standard of living if the United States withdrew completely from

   international trade?

Economics: I have Walmart Neighborhood Market as my company. Would love some insights, and ideas for the following.

1.Describe the characteristics of the current monetary policy and fiscal policy in the United States.

2. Predict how possible changes in monetary and/or fiscal policy may impact the supply and demand of the product or service produced by the company you selected for your microeconomic/macroeconomic analysis papers as well as the financial performance of your chosen company.