A group of people that were insured last year paid $20 out of pocket for a primary care visit but this year they must pay $100 out of pocket for the same level of service. All other factors remain the same. The demand for medical care as a result is:
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A group of people that were insured last year paid $20 out of pocket for a primary care visit but this year they must pay $100 out of pocket for the same level of service. All other factors remain the same. The
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- Over the past 15 years, obesity rates have increased sharply for high school dropouts and for people with only high school degrees. Rates for college graduates, however, have remained flat. TRUE OR FALSEWhen there is a shortage of highly skilled workers in a particular region, the: SELECT THE CORRECT ANSWER a.demand for skills education increases. b.demand for skills education decreases. c.demand for highly skilled workers increases. d.supply of jobs for highly skilled workers increases.The rising demand for health-care industry workers is due to the following factors, except Select one: a. aging of the Malaysian population. b. the continued presence of private hospitals for Malaysian consumers. c. decreasing prices of labor in the health-care industry. d. rising income levels in Malaysia.
- Explain the relationship between selection bias and volunteers and explain its impacts on statistical analysisLactose intolerance causes difficulty digesting dairy products that contain lactose (milk sugar). It is particularly common among people of African and Asian ancestry. In the United States, 82 % of the population is white, 14 % is black, and 4 % is Asian. Moreover, 15 % of whites, 70 % of blacks, and 90 % of Asians are lactose intolerant.. What percent of the entire population is lactose intolerant?A study of the effects of the minimum wage on employment of low-skilled workers estimated the price elasticity of demand for low-skilled workers is -0.75. Suppose that the government is considering raising the minimum wage from $7.25 per hour to $7.75 per hour. Based on this information, calculate the percentage change in the employment of low skilled workers. Use the midpoint formula?
- There is a growing concern with the incidence of poverty among unattached, non-elderly individuals. Feng, Dubey, and Brooks (2007) find that being a high school leaver is an important risk factor for being in low income for this group. Provincial welfare and workfare programs often require recipients to participate in some job/employment related activities. Discuss the strengths and weaknesses of this approach compared with an approach that stressed investments in human capital and education.Indicate whether the statement is true or false, and justify your answer.The imposition of federally mandated maternity benefits had no effect on the mean wages of female workers.Suppose a manager is interested in implementing third-degree price discrimination. The manager knows that the price elasticity of demand for Group 1 is −2 and the price elasticity of demand for Group 2 is −1.2. Based on this information alone we can conclude that the price charged to Group 2 will be: Multiple Choice (a) the same as the price charged to Group 1. (b) lower than the price charged to Group 1. (c) higher than the price charged to Group 1. (d) There is insufficient information to determine whether Group 2 will have a higher, lower, or the same price as Group 1.
- Charles is a volunteer fire fighter living in San Diego who coaches youth soccer to supplement their normal income. At an hourly wage rate of $40, they are willing to coach 6 hours per week. Upping the wage to $55 per hour, they are willing to coach 8 hours per week. Using the midpoint method, the elasticity of Charles’s labor supply between the wages of $40 and $55 per hour is approximately , which means that Charles’s supply of labor over this wage range is .Statistical discrimination or "rational discrimination" means the following: Group of answer choices Statistics regarding discrimination is routinely falsified. When the statistical concept of "averages" is used to set higher auto insurance rates for a 19-year-old than for a 40-year old, even if the 19-year old is a better driver than the 40-year old one. Statistics are routinely used selectively with the specific purpose of discriminating against ethnic minorities. It is discriminatory to use statistics to understand social conditions.Health Economics 715 Graduate Student Level In the field of health economics, there has been mixed evidence of whether primary care and inpatient care utilization are substitutes or complements. Use the Dartmouth atlas' results to predict the relationship between primary care and inpatient care. (SHORT ANSWER)
