A major flaw in the policy analysis process is the lack of feedback.

True/ false

Working toward public support of a proposed health care policy is undertaken in the stage of the implementation strategy phrase of the policy making process.

True/ false

A subject of general concern about the future of health care is a population boom that rapidly expands the workforce.

True/ false

The bureaucratic dispersal of our federal government health financed programs was due in large part to the opposition of organized medicine.

True/ false

The 1965 Medicare bill encourage salaried employment for hospital-based physicians

True/ false

Various models exist to provide health care in the U.S one of the following models has been legally ruled out

a. Free market

b. Provide oligopoly

c. Provide monopoly

d. Administered competiti

2.) (20 points total) Suppose there are two consumers with different utility functions but the same initial endowments. Consumer 1: u1 (91, 92) = 9192 Consumer 2: u2 (q1, 92) = 9192 Initial endowment for consumer 1 = (10,10) = initial endowment for consumer 2 a. (10 points) Given this information, draw the Edgeworth box with correct height and length, draw the initial endowment point E, and accurate IC curves for both consumers that go through the initial endowment. Label everything! b. (5 points) Is the initial endowment Pareto efficient? Why or why not? Show your work. C. (5 points) What prices p, and p2 would result in a competitive equilibrium at the initial endowment?Due Date. alllaly al, 2020 1. When will countries trade? Assuming 2 goods, food and clothing, and that both countries' preferences are homothetic (but not necessarily identical), determine whether two countries will trade in each of the following situations: (a) Countries have identical preferences and identical endowments. (b) Countries have identical preferences, their endowments differ, and their endowments are not in the same ratio of food to clothing. (c) Countries have identical preferences, their endowments differ, but the ratio of food to clothing is the same in both countries. (d) Countries have identical endowments but different preferences. (e) Countries have both different preferences and different endowments.16 Problem Set 1: Direct Finance or Indirect Finance? a. _You purchased a firm's shares from its initial public offering last year. (2 25) Direct Finance Indirect Finance 17 Problem Set 1: Direct Finance or Indirect Finance? b. People buy shares in a mutual fund. (2 45 ) Direct Finance Indirect Finance