Continue the theme of comparing the US system to other countries. I also would like to have more of a discussion going than we have had in previous weeks.   Country Comparison   Pick any two countries and compare the key attributes of their social security programs. Which country do you think will have the…

Economic Scenarios Questions Suppose that the economy is at full employment (our economy has reached its potential GDP or the maximum that we can normally produce). Now suppose that the Federal Government decides to decrease taxes. If we compare the long run price and GDP levels to the price and GDP levels that existed before…

DOC 721 UOPX Healthcare Economic Presentation Assignment Content Economic terms and concepts are defined in a specific way, which may be different from the way the terms are used in everyday writing and speaking. Select 4 terms from the list below: o Supply o Demand o Opportunity cost o Economy of scale o Productivity o…

Imagine that you are hired by the Bureau of Labor Statistics (BLS) as an international economist to analyze data on the international economy and to provide policy recommendations to the U.S. government. Your essay should include the sections described below. Introduction: Provide a brief summary of international trade, and include one sentence on whether you…

Read the article titled “The Hidden Monopolies That Raise Drug Prices (Links to an external site.)Links to an external site.” in The American Prospect about a current monopoly (or near-monopoly, which effectively is very similar) in the US drug market.Explain what parts of the article were illuminating, disturbing, disagreeable, etc.What did you learn from the…

1. It is widely believed that standard neoclassical (supply and demand) economics supports free-market conclusions, while behavioral economics (game theory experiments, bounded rationality, Winner’s Curse, imperfect information models, etc.) supports government intervention. Give two counter-examples. Explain your reasoning. 2. Name one concept from this class that you believe will have the largest private benefit to…

10.11. Describe the terminal value of the following portfolio: a newly entered-into long forward contract on an asset and a long position in a European put option on the asset with the same maturity as the forward contract and a strike price that is equal to the forward price of the asset at the time…

1. According to the Nash Bargaining model of employment, what is the effect of minimum wage laws on unemployment? [As always, you need to carefully explain your response. You will likely want to use graphs to aid in your explanation. You will want to use graphs in many other questions as well.] 2. Inflation in…

CUCNY Economics Universal Basic Incomein a Modern Economy Discussion Discuss the potential advantages and disadvantages of implementing a universal basic income (UBI) in a modern economy. How might UBI impact labor markets, income inequality, and overall economic productivity?

In granting (or prohibiting) proposed acquisitions or mergers in an industry, government regulators consider a number of factors, including the acquisition’s effect on concentration, ease of entry into the market, extent of ongoing price competition, and potential efficiency gains. In 2011, T-Mobile agreed to merge with AT&T at an acquisition price or $39 billion. However,…