Economics homework help

  • Answer ALL questions. Each question carries 10 marks. Sub-questions (a) and (b) are not necessarily related to each other.
  • Draw diagram/s yourself. Do not electronically copy them from a book, lecture slides, or the Internet sources.

QUESTION 1

  1. (a) Imagine that the Philippines produces only two goods, durian and papaya. The country neither exports nor imports any goods. The following table includes price and production data.

Calculate nominal GDP, real GDP, deflator, and inflation rate for the country.        [Marks 6]

(1) (2) (3) (4) (5) (6)
 
(7)
 
(8)
 
(9)
 
Year Durian
(mill)
Price of durian (RM) Papaya
(mill)
Price of papaya
(RM)
Nominal GDP
 
Real GDP
 
GDP Deflator Inflation Rate
 
2016
(base year)
5 10 20
 
8  
 
 
 
   
2017 6
 
10 22
 
8  
 
 
 
 
 
 
2018 6 12 22
 
10    
 
   
2019 7 13 25 11  
 
     

 

  1. (b) Casey worked all the year round and deposited her savings into a bank in Malaysia. She received nominal interest rate of 8 percent a year. Malaysia’s CPI increased from 160 to 167 during the year. What was the real interest rate that Casey earned? What would have been her real interest rate if she had decided not to deposit?                         [Marks 4]

 
 
 
 
 
 

Answer to Question 1.
Write your answer in the space below
Use as much space as needed to write the answer
 
Answer to Question 1. (a):
 

(1) (2) (3) (4) (5) (6)
 
(7)
 
(8)
 
(9)
 
Year Durian
(mill)
Price of durian (RM) Papaya
(mill)
Price of papaya
(RM)
Nominal GDP
 
Real GDP
 
GDP Deflator Inflation Rate
 
2016
(base year)
5 10 20
 
8  
 
 
 
   
2017 6
 
10 22
 
8  
 
 
 
 
 
 
2018 6 12 22
 
10    
 
   
2019 7 13 25 11  
 
     

 
Answer to Question 1. (b):
 
 
 
 
 
 
 

 
QUESTION 2

  1. (a) Suppose Indonesia’s central bank continually pursues an expansionary monetary policy. Using the AD-AS framework, show how this will affect aggregate demand curve(s) and long-run aggregate supply curve of real output in the country. Diagram required.

                                                                                                                                    [Marks 7]

  1. (b) Does the stagflation concept explain Indonesia’s macroeconomic condition in part (a)? Explain.                                                                                                             [Marks 3]

 
 
 

Answer to Question 2
Write your answer in the space below
Use as much space as needed to write the answer
 
 
Answer to Question 2. (a):
 
 
 
Answer to Question 2. (b):
 
 
 
 
 

 
QUESTION 3

  1. (a) Suppose you are appointed to the position of key advisor for the central bank in China. Explain to the bank how its monetary policy may affect a dollar’s purchasing power of goods and services in the country. Diagram(s) required.                                                                [Marks 5]
  2. (b) Suppose an economy has an excess supply of workers. Should firms reduce or increase the wage? Explain this with the standard economic theory and the efficiency-wage theory.  [Marks 5]

 

Answer to Question 3
Write your answer in the space below
Use as much space as needed to write the answer
 
 
 
Answer to Question 3. (a):
 
 
 
Answer to Question 3. (b):
 
 
 
 
 
 

 
 
 
QUESTION 4

  1. (a) Suppose a country imports oil. The world oil price has recently decreased, affecting the country’s domestic aggregate supply. Explain how policymakers find the trade-off between unemployment and inflation in the short run in the country. Diagram(s) required. [Marks 5]
  2. (b) The natural rate of unemployment is 5% in a given country. The country’s central bank mistakenly believes that the rate should be 6% and successively pursues a monetary policy to make it at 6%. Demonstrate how this will affect the economy. Diagram required. [Marks 5]

 

Answer to Question 4
Write your answer in the space below
Use as much space as needed to write the answer
 
Answer to Question 4. (a)
 
 
 
Answer to Question 4. (b)
 
 
 
 
 
 

 
QUESTION 5

  1. (a) Suppose that the government has recently reduced the extant tax incentive for saving and simultaneously introduced an investment tax credit in India. Explain the impacts on, and implications for, loanable funds, net capital outflow, and real exchange rate in India. Diagram/s required.                                    [Marks 5]
  2. (b) Suppose the government increases its expenditure by RM8 billion in a country. Explain how this may influence the real output. Diagram not required. [Marks 5]

 
 

Answer to Question 5
Write your answer in the space below
Use as much space as needed to write the answer
 
Answer to Question 5. (a):
 
 
 
 
Answer to Question 5. (b):
 
 
 
 
 

 

Management homework help

In this project, you will demonstrate your mastery of the following competency:

  • Analyze quantitative and qualitative data to solve problems and make decisions that impact organizations and their stakeholders

Scenario

You have been asked to present your data findings and decision-making modeling to the leadership panel for feedback prior to the stakeholder meeting presentation. The panel wants to preview the charts and graphs that will be included in your presentation based on the research you have conducted. They would like to see how you will use the data to inform your recommendation, and how you will tell the story of that data.
 
11/24/2020 Project Two Guidelines and Rubric – BUS-225-H2504 Crit Bus Skills for Success 20EW2
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Project Two Guidelines and Rubric
Competency
In this project, you will demonstrate your mastery of the following competency:
Analyze quantave and qualitave data to solve problems and make decisions that impact organizaons and their
stakeholders
Scenario
You have been asked to present your data findings and decision-making modeling to the leadership panel for feedback prior to the
stakeholder meeng presentaon. The panel wants to preview the charts and graphs that will be included in your presentaon
based on the research you have conducted. They would like to see how you will use the data to inform your recommendaon, and
how you will tell the story of that data.
Direcons
Part 1: Using the research gathered in Project One, provide a visualizaon for each of the following, then summarize what the data
is showing:
A. The current state of the U.S. automove manufacturing industry
a. Sales by region
b. Sales by fuel type (electric, hybrid, gas)
B. Current automove industry trends
a. The trend toward different types of motors for the vehicles being made and sold, such as electric and hybrid
b. Trends in customer demands such as vehicle color, extra features, and styles
c. Trends in the body types of vehicles sold (SUVs, trucks, sedans)
C. Trends in the new industry
a. Sales by region
b. Expected growth areas
c. Sales by type of products or services offered
d. Trends in customer demands
Then, provide a summary of all of the data visualized.
a. Summarize the collecve data about both industries as a whole.
b. Determine what the data is not telling you about the new industry.
Part 2: Analyze three decision making models and select the one model that is best suited for making your decision.
A. Analyze and provide an overview of the following three models and select one for use. Resources are listed in the
Supporng Materials secon.
a. The Raonal Model
b. The Intuive Model
c. The Recognion-Primed Model
B. Explain your choice of decision-making model.
a. Why does your selecon make the most sense for this project?
h b i
 
BUS-225-H2504 Crit Bus Skills for Success 20EW2 LQ
11/24/2020 Project Two Guidelines and Rubric – BUS-225-H2504 Crit Bus Skills for Success 20EW2
https://learn.snhu.edu/d2l/le/content/576888/viewContent/10527743/View 2/5
What to Submit
To complete this project, you must submit a PowerPoint presentaon of 12 to 15 slides with speaker notes. Sources should be cited
according to APA style.
Supporng Materials
The following resources support your work on the project:
Reading: Raonal Decision Making: The 7-Step Process for Making Logical Decisions
Reading: Intuive Decision Making
Reading: The Recognion-Primed Decision Model
Project Two Rubric
Criteria Exemplary (100%) Proficient (85%) Needs Improvement
(55%) Not Evident (0%) Value
Current State of
the U.S.
Automove
Industry
Exceeds proficiency
in an exceponally
clear, insighul,
sophiscated, or
creave manner
Visually shows the
current state of the
U.S. automove
manufacturing
industry
Shows progress
toward proficiency,
but with errors or
omissions; areas for
improvement may
include inaccurate
visualizaon or
inaccurate data
Does not aempt
criterion
15
Current
Automove
Industry Trends
Exceeds proficiency
in an exceponally
clear, insighul,
sophiscated, or
creave manner
Visually shows the
current automove
industry trends
Shows progress
toward proficiency,
but with errors or
omissions; areas for
improvement may
include inaccurate
visualizaon or
inaccurate data
Does not aempt
criterion
15
New Industry
Trends
Exceeds proficiency
in an exceponally
clear, insighul,
sophiscated, or
creave manner
Visually shows the
new industry trends
Shows progress
toward proficiency,
but with errors or
omissions; areas for
improvement may
include inaccurate
visualizaon or
inaccurate data
Does not aempt
criterion
15
Summary of the
Data Visualized
Exceeds proficiency
in an exceponally
clear, insighul,
sophiscated, or
creave manner
Provides a summary
of all of the data
visualized
Shows progress
toward proficiency,
but with errors or
omissions; areas for
improvement may
include missing key
elements or
inaccurately
summarized
visualizaons
Does not aempt
criterion
15
Analyzes the Three
Models
Exceeds proficiency
in an exceponally
clear insighul
Analyzes the three
models listed and
selects one for use
Shows progress
toward proficiency,
but with errors or
Does not aempt
criterion
10
11/24/2020 Project Two Guidelines and Rubric – BUS-225-H2504 Crit Bus Skills for Success 20EW2
https://learn.snhu.edu/d2l/le/content/576888/viewContent/10527743/View 3/5
clear, insighul,
sophiscated, or
creave manner
selects one for use but with errors or
omissions; areas for
improvement may
include analysis that
is incomplete or
inaccurate
Selecon of
Decision Making
Model
Exceeds proficiency
in an exceponally
clear, insighul,
sophiscated, or
creave manner
Explains selecon of
decision making
model
Shows progress
toward proficiency,
but with errors or
omissions; areas for
improvement may
include explanaon
that is lacking in
detail or cursory
explanaons
Does not aempt
criterion
10
Arculaon of
Response
Exceeds proficiency
in an exceponally
clear, insighul,
sophiscated, or
creave manner
Clearly conveys
meaning with correct
grammar, sentence
structure, and
spelling,
demonstrang an
understanding of
audience and
purpose
Shows progress
toward proficiency,
but with errors in
grammar, sentence
structure, and
spelling, negavely
impacng readability
Submission has
crical errors in
grammar, sentence
structure, and
spelling, prevenng
understanding of
ideas
10
Citaons and
Aribuons
Uses citaons for
ideas requiring
aribuon, with few
or no minor errors
Uses citaons for
ideas requiring
aribuon, with
consistent minor
errors
Uses citaons for
ideas requiring
aribuon, with
major errors
Does not use
citaons for ideas
requiring aribuon
10
Total: 100%
11/24/2020 Project Two Guidelines and Rubric – BUS-225-H2504 Crit Bus Skills for Success 20EW2
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Economics homework help

 

Health Economics

Homework 3

 
The following are a few problems to solve related to Economic Evaluation. Please circle numeric answers and show all work to get credit. Please upload it when you are finished.
 

  1. (40 pts. total) An article in JAMA by Mandelblatt et al (2002) compared the societal costs and benefits of human papillomavirus (HPV) testing, Pap testing, and their combination to screen for cervical cancer. The following table summarizes some of the results (low cost to high cost).  Costs include screening and treatment costs, discounted over the individual’s expected lifetime.

 

Strategy Cost ($) QALYs Saved Incremental Cost Incremental QALY Incremental CE ratio (ICER)
0. No screening 5,000 26.87
1. Pap every 3 years to age 75 6,825 27.02
2. HPV every 3 years to age 75 6,950 27.02
3. Pap every 2 years to age 75 7,275 27.04
4. Pap + HPV every 3 years to age 75 7,400 27.04
5. HPV every 2 years to age 75 7,450 27.04
6. Pap + HPV every 2 years to age 75 7,925 27.05

 

  1. (6 pts.) Identify all dominated screening strategies. Recall a strategy is dominated if it costs more than an equally or more effective strategy, or it is less effective than another strategy that costs the same or less. List the strategy number(s) here.

 
 
 
 
 
 

  1. (30 pts.) Fill in the table above. Calculate the incremental cost, incremental QALYs, and ICERs for all economically rational strategies (relative to strategy 0, no screening).

 

  1. (4 pts.) The local health district has asked your opinion on the “best” strategy from a public health perspective. What do you tell them?

 
 
 

  1. (52 pts. total) The following information has been gathered on the costs and effectiveness of the two treatments, A and B. In this problem, costs and consequences are not discounted.

 

Treatment A Treatment B
Mortality rate 2% 5%
Life expectancy for survivors 20 years 10 years
Initial treatment cost $10,000 $3,000
Follow up costs, year 1 $5,000 $1,000
Annual follow up costs, all subsequent years $1,000 $500

 

  1. (6 pts.) What is the total cost for the survivors receiving treatment A?

 
 
 
 
(6 pts.) For decedents (assuming sudden death)?
 
 
 
 

  1. (6 pts.) What is the total cost for survivors receiving treatment B?

 
 
 
 
(6 pts.) For decedents?
 
 
 
 

  1. (6 pts.) What is the expected cost for those patients receiving treatment A?

 
 
 
 
 

  1. (6 pts.) Treatment B?

 
 
 
 
 
 
 

  1. (10 pts.) Draw a simple decision tree showing the costs and consequences of each treatment option. Note: You will need to calculate expected benefits to fully fill out the tree.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

  1. (6 pts.) What treatment should be chosen, if lowest cost per benefit is the criterion?

 
 
 

  1. (8 pts.) Based on the article “Forbidden Topic in Health Policy Debate: Cost Effectiveness,” what are some of the pros and cons to using cost-effectiveness at a national level? (A few sentences will suffice.)

 
 
 

Statistics homework help

In this module you will begin working on Phase 3 of your course project. Using the same data set and variables for your selected topic, add the following information to your analysis:

  1. Discuss the process for hypothesis testing.
    • Discuss the 8 steps of hypothesis testing?
    • When performing the 8 steps for hypothesis testing, which method do you prefer; P-Value method or Critical Value method? Why?
  2. Perform the hypothesis test.
    • If you selected Option 1:
      • Original Claim: The average salary for all jobs in Minnesota is less than $65,000.
      • Test the claim using α = 0.05 and assume your data is normally distributed and σ, the population standard deviation, is unknown.
    • If you selected Option 2:
      • Original Claim: The average age of all patients admitted to the hospital with infectious diseases is less than 65 years of age.
      • Test the claim using α = 0.05 and assume your data is normally distributed and σ, the population standard deviation, is unknown.
    • Based on your selected topic, answer the following:
      1. Write the null and alternative hypothesis symbolically and identify which hypothesis is the claim.
      2. Is the test two-tailed, left-tailed, or right-tailed? Explain.
      3. Which test statistic will you use for your hypothesis test; z-test or t-test? Explain.
      4. What is the value of the test-statistic? What is the P-value?
      5. What is the critical value?
      6. What is your decision; reject the null or do not reject the null?
      7. Explain why you made your decision including the results for your p-value method or the critical value method.
      8. State the final conclusion in non-technical terms.

Please show your work for the construction of the test-statistic and explain your process for finding the p-value and critical value. Be sure to use the Equation Editor to format your equations.
important
This assignment should be formatted using APA guidelines and a minimum of 2 pages in length.

Economics homework help

Assignment: The goal of the International Economics course was to provide you with an introduction to both the micro and macro components of international economics. You learned about international economics through an introduction to core theories, policy analysis, and the institutional and historical context of international economic relations.
For this paper, you will bring all of it together by researching, writing, and presenting the answers to the following questions:
1. Choose one region and provide an overview; the regions are: a) BRIC countries or b) European Union or c) United States Your overview should include information about economic reforms from a historical perspective. You will also provide recent data (no older than 2015) of economic growth rates. Minimum word count: 400
2. What was the effect of the 2007/2008 fiscal crisis on your chosen region (BRIC, EU, US)? Minimum word count: 400
3. Choose one country/state within your chosen region (BRIC, EU, US) and describe in detail its comparative advantage of one resource or product. Minimum word count: 500 Include the following:
a) Impact on wages and jobs
b) Regional issues and impact of such issues
c) Internal economies of scale d) External economies of scale
e) Policy
4. Predict what you think will happen with your chosen region (BRIC, EU, US) between now and 2030. Provide concrete examples of how you think the economy will develop. Use existing research to back up your predictions. Minimum word count: 600
The total word count for this assignment is a minimum of 1600 words, which roughly translates into 4.5 pages. The page count does not include the cover page, the table of contents, the reference page, and any charts. Please follow APA guidelines!

Management homework help

Purchasing & Vendor Management wk 6
 
Unit 6: Discussion – Chapter Questions
Directions
Review all questions and select three questions to address in 100 or more words. Support your thoughts with proven facts using the APA format.
 
Make your initial post by 11:59 PM Thursday and reply to at least two classmates by 11:59 PM Sunday. Please keep your posts civil and show respect to your classmates.
 
Questions
What are the three types of performance benchmarking? Which type is most commonly used by the purchasing function?
Discuss the reasons why measuring and evaluating purchasing performance has historically had certain problems or limitations. Do you think the purchasing function should increase or decrease its effort to measure performance?  Why or why not?
What were the benefit of developing performance measures that focus on cost versus purchase price?
Assume you are responsible for developing a benchmarking program. Describe how you would go about establishing the benchmarketing process.  Be sure to discuss the critical issues you must address.
Effective performance measurement systems have certain characteristics. Select three characteristics and discuss why a measure should possess that characteristic.
Discuss the different uses a manager has for purchasing and supply chain performance data.
Why do you believe there has been so much emphasis on technology in supply management in the twenty-first century?
Find at least three blog sites that would help purchasers in managing their spend sourcing globally, using e-sourcing and outsourcing or offshoring.
Find an article that provides an example how firms are using and managing “big data” to improve their business model.
Imaging walking into the purchasing office of the future. How might you go about completing your tasks for the day using future information technologies?

Operations Management homework help

  1. Challenges in the Business Environment

 
Overview
 
Changing, or even stating, a company’s values can be a long and arduous process, but it often pales in comparison to the effort it takes to make sure they are honored, implemented, and projected. In this assignment, you evaluate how well your chosen company from the first assignment has done in “walking the talk” and responding to a social issue.
 
Preparation
Review your chosen company’s mission and values statements as well as other sources that provide insight into the company’s values with regard to social responsibility. Pick two of their primary values and research how the company manifests those values. Simple examples might be the commitment to workplace diversity or ecological sustainability.
 
Instructions
Create a 3–5-minute (approximately 6–8 slides) PowerPoint presentation that evaluates how well the company embodies its issue-related values. Your presentation should contain detailed speaker’s notes that flesh out and support main points, ideas, or conclusions and have supporting citations.

    1. Summarize your chosen company’s Supplier Responsibility information.
    2. In your own words, explain how each aspect of your Supplier Code of Conduct is committed to ethical business practices and social responsibility.
    3. Discuss your company’s stance on each of the following areas:
  • Empowering Workers.
  • Labor and Human Rights.
  • Health and Safety.
  • The Environment.
  • Identify the keyways that your company’s Code of Conduct has changed since last year.
  • Examine the way your company’s Supplier Code of Conduct helps the organization operate as a socially responsible organization.
  • In this week’s discussion, you consider assembling a team to write a supplier code of conduct. Recommend the stakeholders roles (4–5) needed on the team and how each supports the project.

Integrate at least three supporting resources from reputable sources.
 
The specific course learning outcome associated with this assignment is:

  • Create a presentation about the key areas, changes, and progress in a company’s supplier responsibilities and code of conduct.
  • By submitting this paper, you agree: (1) that you are submitting your paper to be used and stored as part of the SafeAssign™ services in accordance with the Blackboard Privacy Policy; (2) that your institution may use your paper in accordance with your institution’s policies; and (3) that your use of SafeAssign will be without recourse against Blackboard Inc. and its affiliates.

 

Management homework help

1. Description using McWhinney’s 4 worldviews- Unitary, Sensory, Social, Mystic
2. Describe current and desired leadership styles needed to achieve organizational change.
3. Use the McWhinney worldviews and Bolman frameworks to support the discussion of leadership style.
Reflection
4. Reflect on your own leadership style identifying what you learned through the Organizational Project process.
5 pages (not include references), APA format (important)! at least 5 references.
FYI: I did some part of McWhinney’s 4 worldviews, but is too generous. so please detailed it and add other content as requested. (no need of state farm company introduction, I have it. )
 
McWhinney’s Four Worldviews
Individuals, organizations, and communities engage in change (McWhinney et al., 1997). If managers are to initiate organizational change, they need to understand how they view the world.
As a leader of the State Farm agency, Toby Stevens is a Unitary leader. He enjoys principles and truths. Playing a leader does not always get anybody happy and satisfied, “this is the business, not a game. We have our responsibility.” Leaders must take seriously when they give direct instructions and when employees make mistakes (Stevens, T., personal communications, October 31, 2020). Nevertheless, excessive tension is inappropriate when leaders try to connect with followers closely. Therefore, Toby would also communicate with employees to give them enough space and time to finish the work, examples of taking care of followers’ feelings on work time and salary, organizing the team building activities, and listening to followers’ advice. In this case, Toby is a socialized leader. When leading a group of trained and knowledgeable people, social would be efficient and encouraged. Being unitary would have followers know their leaders have standards and a bottom line in the workforce.
Regarding Toby’s leadership, Lean Miller, who was executing her primary tasks at the service department and making phone calls to clients, said she kept working with different State Farm for more than ten years. Because she believed the company to bring support for her and had a sentimental attachment to the vision and mission of State Farm, “to help people manage the risks of everyday life, recover from the unexpected and realize their dreams” and “like a good neighbor, State Farm is there” (StateFarm.com, n.d.). So Lean is a mythic employee based on McWhinney’s theory. She lacks rational thinking to solve problems, but her cooperation degree is high when making a decision. Service manager Jennifer indicated that she was good at looking at data and questioning details (Ittner, J., personal communication, October 31, 2020). She always lists data and questions to ask in a weekly meeting. Other followers feel Jennifer is too severe to let things slide. However, this personal sensory style helps her be an excellent service manager in State Farm, responsible for managing clients’ databases and solving issues immediately.
Therefore, Toby realized members’ assets and deficits after interviewing with them and provide a transparent environment that enables team members to assess the current organizational situation. There is no doubt that conflict would happen in groups when initiative changes based on followers who have different worldviews. However, the key to solving problems is communication and empathy, “making business decisions can be a stressful and emotional process, and we need everyone’s participate and help” (Stevens, T., personal communications, October 31, 2020).
 

Accounting homework help

 Need good quality work. No plagiarism, honesty, and A++ work. Someone who will take their time to understand and follow given instructions carefully. Deliver work ahead of time and not have me asking and looking for expected assignment. If you have any questions about the assignment or unsure about something please ask. Instructions attached.

 
 
Need good quality work. No plagiarism, honesty, and A++ work. Someone who will take their time to understand and follow given instructions carefully. Deliver work ahead of time and not have me asking and looking for expected assignment. If you have any questions about the assignment or unsure about something please ask. Instructions attached.  
 
INCLUDE AN ABSTRACT
 
Body of your paper: 5-6 page Paper
 
Management Ethics Final Paper
For this assignment, you should focus on the reading material for weeks 1-7. Also, use our library to support your positions.
The body of your paper: (5-6 Pages total in length)- Show me that you are attempting to support your thoughts with key material from our reading material AND outside sources:
Answer the following five questions:
1. What are some of the most common forms of unethical behavior in our workforce today? How could leadership in organizations help to minimize this ethical misconduct? Explain and support your positions with relevant course content and outside sources.
2. As our businesses have developed over the last 100 plus years, have our modern day businesses evolved to be more ethical today? What are some of the factors that helped you come to your conclusion? Take a position and support your thoughts.
3. Would you describe the financial meltdown in our 2007-2008 financial markets as a failure of “people” or of our “capital market processes”? Why? Support your thoughts with ethical theory and examples. Use our library for added research if needed.
4. Tell me about why diversity and discrimination are two important ethical factors that leaders should focus on while attempting to manage their workforce? Provide one example of how mismanaging these issues have had an impact on an organization. How would you explain the importance of these to your employees?
5. Are corporate outreach and company sponsored volunteer programs a good idea for organizations to implement? Why? From an ethical leadership perspective, why would you choose OR not choose to implement these programs? Use course theory and specific examples to support your conclusion.
THIS IS AN APA PAPER AND YOU SHOULD FOLLOW APA format.