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The B C  government is worried about the second COVID-19 wave and its economic consequences

Economics

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The B C  government is worried about the second COVID-19 wave and its economic consequences. It hopes to convince more and more people to adopt healthy habits and has identi????ed two major types of people: those with poor health habits who don't exercise (requiring more medical care) and those with good health habits who exercise often (requiring less medical care). The government cannot distinguish between these two types of people, only agents know about themselves. The government is considering providing medical insurance to every person via taxation. Full insurance requires more taxation than partial insurance.

As an economist, you are asked to:

1) Argue whether the insurance should be partial or full, and explain what the potential problems with each are

2) Make a case for what type of taxation should be used and why

Content:

• ???? Thesis statement clearly expresses stance;

• ???? Stance is logically and consistently supported with economics knowledge, statistics, expert opinion and

  counterargument;

  Organization and Examples:

  ???? The introduction clearly introduces the topic and the key ideas;
  ???? Arguments are supported with examples, graphs and/or references;???? Conclusion is consistent with stance and arguments;

  Style and Cohesion:

  ???? A cohesive progression of ideas logically ????ows with appropriate transitions;

  ???? Expression is concise without being verbose or padding with words;

  ???? Language style ????uently and ????exibly conveys precise meanings;