Category Archives: Economics

Discuss access from the perspective of the general public.

Tasks:

Define access in a way that can be applied across the U.S. healthcare system

In doing so be sure to include:

-Discuss access from the perspective of the general public. -Discuss access from the perspective of insurance companies, both public and private.  -Discuss a minimum of five variables that impact access to care. -Discuss strategies to mitigate the five variables identified, as well as how progress may be measured over  time

To support your work, use your course and textbook readings as well as the South University Online Library. As in all assignments, cite your sources in your work and provide references for the citations in APA format.

Calculate nominal and real GDP of the economy in 2017 and 2018

Summer 2020 – Individual Assignment 2 – (15%)

ECON252 – Macroeconomics

Name ID

Problem 1: (20 points)

Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in an

hour. She spends 5 hours per day studying.

a) Draw Maria’s production possibilities frontier for reading economics and sociology.

b) What is Maria’s opportunity cost of reading 100 pages of sociology?

Problem 2: (40 points)

Bill and Hillary produce food and clothing. In an hour, Bill can produce 2 unit of food or 2 unit of clothing, while Hillary can produce 4 units of food or 6 units of clothing. They each work 10 hours a day.

a) Who has an absolute advantage in producing food? Who has an absolute advantage….

Calculate nominal and real GDP of the economy in 2017 and 2018

Summer 2020 – Individual Assignment 2 – (15%)

ECON252 – Macroeconomics

Name ID

Problem 1: (20 points)

Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in an

hour. She spends 5 hours per day studying.

a) Draw Maria’s production possibilities frontier for reading economics and sociology.

b) What is Maria’s opportunity cost of reading 100 pages of sociology?

Problem 2: (40 points)

Bill and Hillary produce food and clothing. In an hour, Bill can produce 2 unit of food or 2 unit of clothing, while Hillary can produce 4 units of food or 6 units of clothing. They each work 10 hours a day.

a) Who has an absolute advantage in producing food? Who has an absolute advantage….

Does the Australian housing market favour buyers or sellers in the Australian states and Territories?

Question 1: 1. Does the Australian housing market favour buyers or sellers in the Australian states and Territories? Is the change widespread across Australia? Do individuals now have buying power in the housing market, given the current tight household economic conditions? Provide evidences and diagrams to support your answer. Question 2: 2. Will decreasing house prices affect the supply of and demand for housing in Australia and how will this impact price elasticity of demand for housing? Explain using diagrams to support your answer. Question 3: 3. Will the consumer’ welfare increase or decrease due to this change in the housing market? Will there be a loss of welfare? Who would the change affect more? Will offering subsidies or grants cause a change in supply and demand in….

Does the Australian housing market favour buyers or sellers in the Australian states and Territories?

Question 1: 1. Does the Australian housing market favour buyers or sellers in the Australian states and Territories? Is the change widespread across Australia? Do individuals now have buying power in the housing market, given the current tight household economic conditions? Provide evidences and diagrams to support your answer. Question 2: 2. Will decreasing house prices affect the supply of and demand for housing in Australia and how will this impact price elasticity of demand for housing? Explain using diagrams to support your answer. Question 3: 3. Will the consumer’ welfare increase or decrease due to this change in the housing market? Will there be a loss of welfare? Who would the change affect more? Will offering subsidies or grants cause a change in supply and demand in….