Question
If someone favors the free movement of labor within the United States, is it inconsistent for that person also to favor restrictions on the international movement of labor? Why or why not?

Subject
business-economics

Question
Why are so many state and local governments greatly concerned about the Federal government’s allegedly lax enforcement of the immigration laws and congressional proposals to grant legal status (amnesty) to the 12 million illegal immigrants in the United States? How might an

Question
Why is each of these statements somewhat misleading? (a) “Illegal immigrants take only jobs that no American wants.” (b) “Deporting 100,000 illegal immigrants would create 100,000 job openings for Americans.”

Subject
business-economics

Question
How does insuring all the workers at a given firm tend to reduce adverse selection problems? How does requiring physical exams have a similar effect?

Subject
business-economics

Question
Why do both adverse selection and moral hazard mean that “lunch insurance,” which would pay for lunch if you choose to eat it, is never likely to be a commercial success?

Subject
business-economics

Question
How do higher deductibles act to reduce moral hazard problems, especially for small medical expenses?

Subject
business-economics

Question
Is it inefficient that the United States spends a larger fraction of income on health care than the fraction spent by other countries?

Subject
business-economics

Question
Who is most likely to purchase a kidney? Who is most likely to sell a kidney? Would either party be harmed?

Subject
business-economics

Question
If the selling of kidneys were legalized, predict the impact on the market for organ transplants using supply and demand analysis. Why might the quantity supplied increase?

Subject
business-economics

Question
Do health care innovations raise or lower the overall cost of health care?

Subject
business-economics