Principles of Economics unit 2 Essay

BAM 223 Principles of Economics
Writing Assignment for Unit Two
• Include your name, student number, course number, course title and unit number with your writing assignment.
• Begin each writing assignment by identifying the question number you are answering followed by the actual question itself (in bold type).
• Use a standard essay format for responses to all questions (i.e., an introduction, middle paragraphs and conclusion).
• Responses must be typed double-spaced, using a standard font (i.e. Times New Roman) and 12 point type size.
Word count is NOT one of the criteria that is used in assigning points to writing assignments. However, students who are successful in earning the maximum number of points tend to submit writing assignments that fall in the following ranges:
Undergraduate courses: 350 – 500 words or 1 – 2 pages. Graduate courses: 500 – 750 words or 2 – 3 pages. Doctoral courses: 750 – 1000 words or 4 – 5 pages.
Plagiarism
All work must be free of any form of plagiarism. Put written answers into your own words. Do not simply cut and paste your answers from the Internet and do not copy your answers from the textbook. Be sure to refer to the course syllabus for more details on plagiarism and proper citation styles.
Please answer ONE of the following:
1. Which of the following factors help to explain the sustained increases in health care spending in the United States, and which do not?
a. the additional paperwork, duplication, and waste generated in the U.S. health care system compared to systems in other countries
b. the increasing costs of malpractice insurance and malpractice lawsuit settlements
c. the number of uninsured patients receiving hospital treatment that could have been
preformed at a lower cost in doctors’ of ces
d. the slow growth in labor productivity in health care compared to that in the economy as a
whole
e. the aging population
f. increases in the cost of providing health care
2. De ne a partnership.
3. Why might network externalities result in products that contain inferior technologies?
Unit 2 Examination
*** Please reference, ” BAM223 Essentials of Economics 4th Edition R. Glenn Hubbard, Anthony P. O’Brien Pearson Prentice Hall 2015 “