Miroeconomics

Every President wants to leave a legacy. Statistics show that one of the
main drivers into bankruptcy is medical bills. Almost 50% of the Federal
Government’s Budget is devoted to Medicaid and Medicare. Evaluate whether the
doctors, the pharmaceutical companies, or too much/too little government
regulation is to blame? Is the Affordable Care Act the solution? Make sure to
apply economic theory in each aspect of your responses, be coherent and clear.
Include economic data and/or graphs in order to maximize your score.

Conduct research from viable and credible
sources such as and not limited to economic journals, periodicals, books, database, and websites (try to stick to peer-reviewed journals and government
websites such as FRED and BLS for real data).

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