“Standard economic theory states that any voluntary exchange is mutually beneficial to both parties involved in the trade. This is because either the buyer or the seller would refuse the trade‚ if it won’t benefit both” (Millard‚ 2012‚ p. 11). Hubbard‚ Garnett‚ Lewis‚ and O ’Brien‚ (2010) said that a competitive market achieves economic efficiency by maximising the sum of consumer surplus and producer surplus. But that result only holds if there are no externalities in production or consumption.
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Medicaid Medicaid is a state administered health insurance program financed and is operated jointly by the federal and state government. The program gears towards helping low-income people of all ages who do not have the money or insurance to pay for health care. This program pays for medical care to assist persons and families who cannot afford it. History Medicaid was established under President Lyndon B. Johnson through the Social Security Amendment of 1965‚ to provide medical coverage to
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medical care is available in the United States‚ health care economics and the service delivery system present many challenges for the consumer and practitioner alike. This paper addresses four dimensions that are pivotal to the successes and failures of the system: cost‚ efficiency‚ choice and equity. The interplay of these dimensions across the canvas of health care options defines a system in flux‚ policymakers seeking a fair balance‚ and a nation in need of quality‚ affordable‚ accessible care.
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Letter to editor When the Sonora Union High School Bond Measure J was on the November 2012 ballot‚ I voted for it with pride because I knew it would enrich and improve the lives of young people. It was specific enough‚ in both word and intent‚ to get me and at least 55 percent of the electorate to pass it. If the list of projects was “too broad” for some people‚ it was their right to vote “no” at the time. What makes me angry is that those who don’t like the Measure J “aquatics center‚” are now
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1. I disagree with the statement “Inflation doesn’t benefit anyone in the economy” because inflation primarily determines the price stability in the country‚ and states that there is an ongoing economic activity. This economic activity can be determined through investments running in the country. Inflation will benefit citizens as long as it is between the targeted inflation rate of that certain country. An example would be the recent inflation rate in the Philippines wherein it was leaning towards
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Many employers are now requiring mandatory drug testing for applicants and current employees. Drug use has risen sharply over the past years and employers now need to take further precautions in order to maintain a reputable work environment. I believe this extra precaution will improve the workplace by creating a safer atmosphere‚ keep integrity and honesty in the staff‚ and eliminate many illegalities that go along with drug use in the workplace. These qualities would be further infused if drug
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The History of Fashion Editor Fashion editor was born because of the existed of magazine. The first magazine in the world came from germany named Erbauliche Monaths-Unterredungen (translation: Edifying Monthly Discussions). Founded by Johann Rist‚ a German poet and composer. These magazine contain about art‚ literature‚ philosophy and science. But actually‚ the first fashion magazine was not a magazine. Instead it is a fashion illustration book by Josse Amman (1586) that regarded as the
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3rd September‚ 2012 Dear Editor‚ I fell frustrated about the recent spate of cyber bullying worldwide. The rosining situation in Hong Kong is unacceptable. Cyber bullying can cause both physical and psychological damages to the victims. This problem must be tackled‚ and I believe that there is more than one way to skin the cat. To begin with‚ education is an important step in order to avoid cyber bullying. Most cyber bullying cases happen to both primary and secondary students who
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Running Head: ECONOMIC TERMS AND HEALTH CARE HISTORY Economic Terms and Health Care History Jodi Meaux Broussard University of Phoenix November 13‚ 2012 HCS/440 Health Care economics has been around for a long time. There have been many changes over the years. Health care economics are there to figure out what issues are in health care and try to come up with a plan to fix the problem. Economists also analyze every possible issue and solution in order to fix the problem. “Health economists
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Psychology and Health Issues: Stress By: Kimberley Messina HCA/250 Have you ever heard of the term “fight-or-flight” stress response? You will feel this when you have more to worry about and handle then you are used to‚ or simply‚ when you are stressed. When your body is going through the fight-or-flight stress response‚ your body will make more hormones that will speed up your heart rate‚ give you a burst of energy‚ and make you breathe faster than normal (Healthwise
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