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External link to QUESTION 1: Consider the following case: Bob has a pre-existing condition that costs $10,000 per year.Calculate the fair and full insurance premium…
Economics Writing Help

QUESTION 1: Consider the following case: Bob has a pre-existing condition that costs $10,000 per year.Calculate the fair and full insurance premium…

QUESTION 1: Consider the following case: Bob has a pre-existing condition that costs $10,000 per year. Calculate the fair and full insurance premium for Bob. Bob’s utility function is . Is he better off buying the insurance or not?What happens to insurance firms if they are forced to offer insurance policies that cover pre-existing conditions? Why is the following statement considered a myth by health […]

External link to For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that
Economics Writing Help

For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that

For the question below, write an explanation of the short-run effect (including the determinant of AD or AS that is causing the shift, the line that shifts (AD or AS), the direction of the shift (left or right), and the impact on output and price level (increase or decrease) and submit a properly drawn and labeled aggregate demand and aggregate supply graph for the scenario. […]

External link to In applied economics, we are often interested in migration of workers from one geographical region to another. Suppose we divide a hypothetical country Loonyland into three regions: R1, R2, R3. We can
Economics Writing Help

In applied economics, we are often interested in migration of workers from one geographical region to another. Suppose we divide a hypothetical country Loonyland into three regions: R1, R2, R3. We can

In applied economics, we are often interested in migration of workers from one geographical region to another. Suppose we divide a hypothetical country Loonyland into three regions: R1, R2, R3. We can find the proportion of the workers of those three regions who stay put or migrate to another region. For instance, p12 is the proportion of the workers in region 2 that move to […]

External link to Problem 3 Come up with an alternative money to currency. Remember, currency is cash. Do not use any of the other forms of money, such as checks,…
Economics Writing Help

Problem 3 Come up with an alternative money to currency. Remember, currency is cash. Do not use any of the other forms of money, such as checks,…

Problem 3Come up with an alternative money to currency. Remember, currency is cash. Do not use any of the other forms of money, such as checks, debit cards, etc. (Also, please do not use precious metals or jewels). Justify your selection using the three characteristics of money. Petrol or crude oil shares can be alternative money to currency. The selection is appropriateand can be justified […]

External link to A. The city park commission authorizes the construction of a new swimming pool. Which of the following does NOT constitute an act of “investment” as
Economics Writing Help

A. The city park commission authorizes the construction of a new swimming pool. Which of the following does NOT constitute an act of “investment” as

A. The city park commission authorizes the construction of a new swimming pool. Which of the following does NOT constitute an act of “investment” as economists use the term? A. The city park commission authorizes the construction of a new swimming pool. B. An individual buys 100 shares of stock at $30 a share and then sells the stock at a profit for $35 a […]

External link to You are expected to make your own contribution in a main topic as well as respond with value-added comments to at least two of your classmates.
Economics Writing Help

You are expected to make your own contribution in a main topic as well as respond with value-added comments to at least two of your classmates.

What is "monopolistic" about monopolistic competition?Monopolistic competition is basically a market type of imperfect competition whereby there aremany producers who sell products that…

External link to a. How is the U.S. budget deficit related to the foreign trade deficit? b. Firms hurt by cheap imports typically argue that restricting trade will
Economics Writing Help

a. How is the U.S. budget deficit related to the foreign trade deficit? b. Firms hurt by cheap imports typically argue that restricting trade will

a. How is the U.S. budget deficit related to the foreign trade deficit? b. Firms hurt by cheap imports typically argue that restricting trade will save U.S. jobs. What’s wrong with this argument? Are there ever any reasons to support such trade restrictions?

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