This week you will identify the three states that have shifted their managed care programs to managed care and three that have not; these states will be the used in the Week 8 Portfolio Project. You will demonstrate that you have begun your research by providing at least three scholarly reference sources (not including the textbook) that will be used in Module 8. Please prepare a reference list consistent with the APA guidelines.
Read “Case Study 4-3: Choosing a Performance Management Approach at Paychex, Inc.. After reading the Paychex case study, answer the two questions posted at the end of the case. Justify and support your responses. Do you agree or disagree with others’ assessments? Why or why not?
We know that a change in the price of a product causes a movement along the demand curve. Suppose consumers believe that prices will be rising in the future. How will that affect the demand for the product in the present? Can you show this graphically?
For this workbook assignment, you need to create two additional problems where the government has placed price restrictions on what would otherwise be competitive markets. You must include a price ceiling and a price floor.
Please read Chapter 2.6 “Are Living Standards of Developing and Developed Nations Converging?” (p78-83) and discuss whether developing countries are catching up per capita GDP with developed countries. If you do not have the textbook, please go to JSTOR, find an academic article “A Contribution to the Empirics of Economic Growth” by Gregory Mankiw, David Romer, and David N. Weil (The Quarterly Journal of Economics, Vol. 107(2), 407-437, 1992) or “Unconditional Convergence in Manufacturing” by Dani Rodrik (The Quarterly Journal of Economics, Vol. 128(1), 165-204, 2013), and discuss the same question
Suppose, as an economist, you are asked to analyze an issue, unlike anything you have ever done before. Also, suppose you do not have a specific model for analyzing that issue. What should you do? Hint: What would a carpenter do in a similar situation?
We knows that a change in the price of a product causes a movement along the demand curve. Suppose consumers believe that prices will be rising in the future. How will that affect demand for the product in the present? Can you show this graphically?