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The ACA imposed a penalty on uninsured. Does it really promote more uninsured young adults to purchase health insurance? What is its impact on demand/supply of health insurance market?
Business Economics, Economics
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A manufacturer of cereal has a machine that, when working properly, puts 20 ounces of cereal on average into a box with a standard deviation of 1 ounce. Every morning workers weigh 25 filled boxes. If the average weight ...
Suppose a bond with no expiration date has a face value of $10,000 and annually pays a fixed amount of interest of $900. a. In the table provided below, calculate and enter either the interest rate that the bond would yi ...
Sam has had the following transactions during the year: Gambling losses $3,000 New suit for work $500 Tax Preparation Fees $1,000 Investment mgmt fee $2,200 Sam's AGI of $110,000 is brok ...
Some people (e.g Hayek) argue that decentralization of economic decisions in the economy lead to an efficient resource allocation. What differences exist within the firm that make the link between decentralization and ef ...
Suppose the quantity of fish purchased by Mr Singh family is 21 kilos per year when the price is $11.50 per kilo and 17 kilos per year when the price is $20.50 per kilo. Calculate the price elasticity of demand coefficie ...
Suppose demand is given by the equation: QD = 80/P Using the midpoint method, what is the price elasticity of demand between $2 and $4?
If two samples A and B had the same mean and sample size, but sample A had a larger standard deviation, which sample would have the wider 95% confidence interval?
A probability experiment consists of rolling a 6-sided die. What is the probability of rolling a number less than 6.
Suppose the cost function of making jackets is C(x)= x^2 - 50x+1500. How many jackets should you make to minimize the cost of the jackets? How much would be the minimum cost?
Please discuss the following: As demand increased for these mortgage backed securities, lenders reacted by relaxing their approval standards to increase production. No longer were "all" borrowers required to document the ...
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