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Kidney cancer drug delays cancer progression for six months, with no known side effects. An estimated treatment cost is $54,000. What is the cost per Quality Adjusted Life Year?
Microeconomics, Economics
Question: Some economists studying the effects of the minimum wage law have found that it tends to reduce the employment of black teenagers relative to white teenagers. Does the graph in the Making the Connection help yo ...
Question: During 2008, the average income in China increased by 10 percent. Compared to 2007, how do you expect the following would change: a. The demand for beef? Explain your answer. b. The demand for rice? Explain you ...
Question: The LST Company has contracted to make the following payments: $8500 immediately; $850 at the end of year 1; $1050 at the end of year 2; $1250 at the end of year 3 and $1450 at the end of year 4. What fixed amo ...
Question: If trade increases world GDP by 1% per year, what is the global impact of this increase over 10 years? How does this increase compare to the annual GDP of a country like Sri Lanka? Discuss. The response must be ...
Question: As a manager, the following facts are in your possession at the end of ‘‘this'' year and you are asked to predict the changes in the economy ‘‘next'' year. (A) The Fed has just cut the funds rate by 3/4%, but b ...
Question: Hypothetically, imagine if US abolishes $100 bill and replace it with a different bill. What according to you will be the repercussion of such a change of domestic market and international market. (Do research, ...
Question: Jared Bernstein, an economist at the Center on Budget and Policy Priorities, has stated: "I want to see receipt of unemployment insurance go up in recessions." If government unemployment insurance payments didn ...
Question: Suppose real GDPs in country A and country B are identical at $10 trillion dollars in 2005. Suppose country A's economic growth rate is 2% and country B's is 4% and both growth rates remain constant over time. ...
Question: How were the interests of Southern states addressed by the Three-Fifths Compromise and the lack of export taxes? What were the major points of the "Virginia Plan" at the Constitutional Convention? How did the " ...
Question: Graphically illustrate: a) what happens to the rental price of capital and the marginal product of capital as the stock of capital increases b) how the change in the marginal product of capital changes the inve ...
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