Suppose a particular population has two kinds of health risks, high and low. Let the expected annual health care costs for the high risk be $10,000 and for the low risk, half that. If there are twice as many low risk as high risk individuals, and if the one insurer's administrative load is 20%, what would the community rated premium be if everyone is compelled to and able to buy health insurance?

Q: You are thinking of purchasing a house. The house costs $350,000. You have $50,000 in cash that you ...

A: Annual Payments refers to the (x) the total amount of payments anticipated to be paid or received, a...

Q: 4) If the range of profitable demand for a company producing digital pumps was D'1 = 8.5 units and D...

A: The range of profitable demand is a range where the production of goods will result in profit. Any q...

Q: A monopolist with a marginal cost MC = 2 faces two types of customer groups. Type 1 has it inverse d...

A:

Q: Suppose a single firm produces all of the output in a contestable market. Analysts determine that th...

A: A contestable market is the market where there is no barriers to entry and exit. If firms in a conte...

Q: What deposit made at the beginning of each month will accumulate to $120,000 at 5% compounded semi-a...

A: In the question above, it is given that : Amount  = $120,000 Rate of Interest = 5% = 0.05 Time = 10 ...

Q: 2) If the expected return on U.S. T-Bonds falls from 3 to 2 percent and the expected return on corpo...

A: Given, The expected return on U.S. T-bonds changes from 3 to 2 percent and The expected return on co...

Q: To affect the level of potential output, the monetary policy and fiscal policy must alter short-run ...

A: Monetary policy is the monetary authority of the economy which manages the interest rate and short t...

Q: P2. Suppose that in Japan, without a tariff 10,000 cars will be sold per year at an equilibrium pric...

A: Tariff is a tax imposed by government by one country on the goods and services and imported from ano...

Q: Which of the following statements about the economy's aggregate demand curve is not correct?  Questi...

A: Aggregate demand shows the relationship between price level and real GDP. It is downward sloping.

Q: Why does the demand curve for loanable funds slope downward from left to right? Oa) Interest rates o...

A: The demand curve for loanable funds shows the relationship between the amount of the loanable funds ...

Q: QUESTION 5 If the error terms of a linear regression model exhibit heteroscedasticty, which of the f...

A: If the error terms of linear model is not homogeneous then we have the problem of heteroscedasticity...

Q: 6.  Myrvin made a 12-percentage-point investment of PHP10,000.00. According to the 72-year rule, it...

A: The rule of 72 means says that any sum of money will take (72/Interest Rate) years to double.

Q: 10. Suppose the consumption equation is represented by the following: C 250 + .75YD. Now assume gove...

A: Government spending is one of the components of aggregate demand along with consumption spending, go...

Q: Question 3 In an OLG model with money: Each gen picks 12 banans when young, 0 bananas when old. Cent...

A: The overlapping generations model (OLG) is based on three factors: 1. Human behavior's way of life 2...

Q: The largest inflationary gap appeared a) in the 1950s, during the great U.S. hyperinflation period. ...

A: Inflationary gap is the gap between the actual aggregate demand and exist aggregate demand.

Q: Which of the following government policy will not have long term effects on the economy. Question 2...

A: The long term effect on the economy will make the Potential output or Long run aggregate supply curv...

Q: Use the following graph (shifts in the supply of loanable funds) for the next five questions. Intere...

A: Supply refers to the amount of a resource that businesses, producers, laborer's, financial asset pro...

Q: Suppose the price of McDonald's meals rise. All else equal, the GDP deflator will fall, and the CPI ...

A: GDP Deflator is the ratio of nominal GDP and real GDP.   

Q: e graph below illustrates a series of short-run average cost curves, numbered AC1 through AC5, which...

A: Economies of scale occurs when long run average cost falls as more output is produced. Long run aver...

Q: We have study the Liquidity Preference Theory. Discuss the import points that are against this theor...

A: Answer: The criticism of the Liquidity Preference Theory is as under: To begin, it's vital to unders...

Q: What are some of the major differences between common stock and preferred stock

A: A stock (sometimes called equity) is a financial instrument that represents ownership of a share of ...

Q: What occurs in the loanable funds market? Oa) Borrowers are almost always taken advantage of. O b) S...

A: Loanable fund theory: - Loanable fund theory is the theory that determines the interest rate, accord...

Q: Which of the following statements about the economy's aggregate demand curve is not correct? The int...

A: Aggregate demand is the total purchase of goods an services in the economy during an year. It is the...

Q: Assess the effects of Price ceiling. please provide with graph n detail answer

A: Price ceiling means fixing maximum price which will be lower than the equilibrium price. Please find...

Q: Please help with the following question. You are able to sell 15 gallons of ghost pepper sauce per m...

A:

Q: 1. The function of a company's product to produce output at the levelof input use is Q = -1/3x3 + 9x...

A: Given: The production function is: Q = -1/3x3 + 9x3 + 70 The input price is = IDR 800 per unit The o...

Q: The federal government currently uses many forms of taxation, both direct and indirect, to raise rev...

A: Direct taxes are taxes that are imposed on natural persons and they are based on the taxpayer’s abil...

Q: Can we determine if point F is allocatively efficient? If so, is it allocatively efficient?

A: Allocational efficiency, also known as allocative efficiency, is a feature of a well-functioning mar...

Q: 2) Indicate the type of cost which is not variable cost: a) Workers' wage. b) Material used in produ...

A: Fixed cost refers to the cost which is not dependent on output but remains fixed. Variable cost is t...

Q: Draw a demand and supply graph for the market for Dell notebook computers .

A: The demand curve shows the association between the amounts of commodity demanded by the consumer at ...

Q: True or False : 1.A stronger value for dollar boosts exports and restrains imports with explanation...

A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...

Q: Compare and contrast the governments and economies of North Korea and South Korea.

A: Economy An economy is defined as all activity in a given region that is connected to the production,...

Q: How does equilibrium occur in the market?

A:   Meaning of Market: The term market refers to the situation under which the producers or the seller...

Q: "Costs do not affect the market price" is this statement right or wrong? Show your work

A: Answer: According to a prior research of price determination in the market age, production expenses ...

Q: The size and direction of the income effect depend on all of the following EXCEPT: O whether the goo...

A: Income effect represent the change in consumption and quantity demand of good on the basis of change...

Q: Describe two of the big changes that happened in Japan during the Meiji period

A: Economic reform" for the most part alludes to liberation, or now and again to fall in the size of go...

Q: Consider the following setup for a perfectly competitive market: Suppose that for the firm, TC=625+Q...

A: Under perfect competition, a firm's decision to enter or leave the market depends upon profit is dri...

Q: why do we need banks and financial institutions

A:

Q: In an economy, the desired consumption and investment functions are given by, cd = 4500 + 0.25Y-5000...

A: Given: The desired consumption function is: Cd = 4,500 + 0.25Y - 5,000r The desired investment funct...

Q: What is the viewpoint of Ricardo regarding the Comparative Difference in Costs?

A: Answer: According to David Ricardo, comparative cost discrepancies, rather than absolute cost differ...

Q: 1. Would you consider spending to make a school or an office building earthquake-proof a good invest...

A: 1 In order to create the earthquake resistant in the building and the schools is to build an undergr...

Q: What type of assistance do both IMF and the world bank provide to one or more developed nation(s)? ...

A: The two institutions, which were founded in 1944 at the Bretton Woods conference, have similar missi...

Q: There is a growing concern with the incidence of poverty among unattached, non-elderly individuals. ...

A: Poverty means the people are poor and are unable to get food, shelter, and basic needs. They are the...

Q: If there is a decrease in the marginal costs (MC), then the monopolist will, in the short run. incre...

A: A monopolist is a single firm in the market producing unique good with no substitutes.

Q: An example of a short-run fixed factor of production is..... a. postage for mailing. b. electricity....

A: short-run fixed factor of production is a factor of production that cannot be change in the short ru...

Q: 20. In a closed economy without investment and government spending, C = 1000 +.5YD, and taxes T=50, ...

A: Given : In a closed economy with no investment and government spending-  Consumption = 1000+0.5YD Ta...

Q: Consider a simple economy whose only industry is fishing. In this industry, productivity-the amount ...

A: Here is the solution,

Q: Explain the causes and consequences of global poverty

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...

Q: What about the other part of the question that talks about the elasticity of substitution and the re...

A: Elasticity is a measure of a variable's sensitivity to a change in another variable, most commonly t...

Q: Perfect Competition:  What are the key features of a perfectly competitive market?   Many buyers and...

A: Question 1 is only answered. Post the remaining question again.      

Moral Hazard

The moral is a person's behavior towards himself /herself, society, organization, and others. Hazard is something that is happening and is not good. A person may be morally good or bad. It depends on his attitude, ethics, integrity, and values. A person may have the highest reverence for money to that for the truth. In this case, the person may lie and it is said that the person is morally bad.