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National Medical Enterprises, Inc., a $4 billion operator of hos
Question
National Medical Enterprises, Inc., a $4 billion operator of hospitals and psychiatric treatment centers, faced criminal probes for practices such as widespread overbilling and fraudulent diagnoses to extend patients’ hospital stays. Investigators found that NME’s top management urged hospital administrators
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Figures 1-2 and 1-6 rely on data from 2010, and
Question
a. From this table, what is the total amount of trade within Europe? What percentage is this of total world trade?
b. What is the total amount of trade (in either direction) between Europe and North America? Add that
In 1999 Royal Philips Electronics paid $180 million to buy
Question
In 1999 Royal Philips Electronics paid $180 million to buy 20-year naming rights of the Atlanta, Georgia, stadium, home of NBA’s Atlanta Hawks. University of Massachusetts Professor Timothy D. DeSchriver and Drexel University Professor Paul E. Jensen analyzed naming rights.
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Grade inflation is widespread. In 1990, 81 percent of the
Question
Grade inflation is widespread. In 1990, 81 percent of the students who took the SATs had an A or B average, but 40 percent of them scored less than 390 on the verbal SAT. Students’ grades are increasing but what
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If the demand curve for wheat in the United States
Question
If the demand curve for wheat in the United States is
P = 12.4 = QD
where P is the farm price of wheat (in dollars per bushel) and QD is the quantity of wheat demanded (in billions
Congress established the Federal Reserve System in 1914. Until then,
Question
Congress established the Federal Reserve System in 1914. Until then, the United States did not have a national currency; Federal Reserve notes are still the paper currency in circulation today. Earlier attempts at establishing a central bank were opposed on
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Consider the neoclassical consumption model with log utility and ?
Question
Consider the neoclassical consumption model with log utility and ? = 1. Suppose an individual begins with $10,000 in and $30,000 of equity in her house, so that financial assets are ftoday = $40,000. Suppose her labor income
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Al has found $1,000 and has decided to divide it
Question
Al has found $1,000 and has decided to divide it between his children, Bud and Kelly.
a. If Al believes that a fair division means giving equal amounts of cash to everyone, how much should he give to Bud


