Question 1
Real GDP per person in Northland is
$30,000, while real GDP in Southland is $10,000. However, Northland’s real GDP
per person is growing at 1 percent per year and Southland’s is growing at 3
percent per year. If these growth rates persist indefinitely, then
Answer
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Northland’s real GDP per person will
decline until it equals Southland’s. |
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Northland’s real GDP per person will
always be greater than Southland’s. |
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Southland’s real GDP per person will
always be the same as Northland’s. |
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Southland’s real GDP per person will
eventually be greater than Northland’s. |
1 points
Question 2
If the production function for an economy
is Y = A KaL1-a, then the production function in per capita terms (using lower
case letters to denote per capita variables and assuming all people are
workers) is
Answer
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y = ka |
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y = Aka |
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y = Akal1-a |
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y = l1-a |
1 points
Question 3
To achieve long-run equilibrium in an
economy with a recessionary gap, output will ______ and the inflation rate will
_____.
Answer
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increase; increase |
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increase; decrease |
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increase; not change |
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decrease; decrease |
1 points
Question 4
At long-run equilibrium, inflation _______
and output equals ______.
Answer
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equals the value determined by past
expectations and pricing decisions; potential output. |
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equals the value determined by past
expectations and pricing decisions; the level of short-run equilibrium output
consistent with that inflation rate |
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equals the value consistent with
potential output; the level of output consistent with zero inflation |
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is stable; potential output. |
1 points
Question 5
Consider the country of Solow, which is
described by the Solow-Swan model. Let the saving rate q = 0.8; let the population
growth rate n = 0.05; let the rate of depreciation d = 0.05. If per capita
income y = 100 and the per capita stock of capital k = 800, then:
Answer
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replacement investment is 60, saving is
80 and k will decrease towards the steady state per capita capital stock. |
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replacement investment is 80, saving is
80 and k is at the steady state per capita capital stock. |
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replacement investment is 80, saving is
60 and k will decrease towards the steady state per capita capital stock. |
|
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replacement investment is 80, saving is
60 and k will increase towards the steady state per capita capital stock. |
1 points
Question 6
If population growth is minus two per cent
and the depreciation rate of capital is five per cent, then by how much would
the capital stock have to grow just to satisfy the need for replacement
investment?
Answer
|
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3 percent |
|
|
4 percent |
|
|
1 percent |
|
|
7 percent |
|
|
10 percent |
1 points
Question 7
If policymakers attempt to offset a
favourable inflation shock with monetary _____, the resulting long-run
equilibrium will be at _____ inflation rate compared with allowing the
self-correcting mechanism to return the economy to potential output.
Answer
|
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tightening; a higher |
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tightening; a lower |
|
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easing; a higher |
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easing; a lower |
1 points
Question 8
Total production in the economy is
described by the production function Y=AKaL1-a. Capital in use is equal to 25
units, labour in use is equal to 25 units, A is equal to 2 units and a = 0.5.
Output per worker is equal to
Answer
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2 units. |
|
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1 unit. |
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25 units. |
|
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50 units. |
1 points
Question 9
The following table gives you information
regarding two economies Shrek Republic and Farquaad Republic. Assume the
participation rate is constant and equal to 100 percent in both economies.
|
Shrek Republic |
Farquaad Republic |
| Population growth rate |
2 percent |
15 percent |
| Growth rate of Productivity |
7 percent |
3 percent |
| Growth rate of GDP |
9 percent |
18 percent |
The growth in the standard of living of Farquaad Republic will be ________ than
Shrek Republic because ___________.
Answer
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higher, because its growth rate of
per-capita output is higher |
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lower, because its growth rate of output is
lower |
|
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lower, because its growth rate of
population is lower |
|
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lower, because its growth rate of
per-capita output is lower |
1 points
Question 10
Assume that the share of population
employed in all countries is 50 per cent. Based on the information below, which
country has the highest real GDP per capita?
| Country |
Population (millions) |
Average Labour Productivity ($) |
| A |
100 |
2,000 |
| B |
150 |
10,000 |
| C |
75 |
25,000 |
| D |
250 |
50,000 |
| E |
95 |
60,000 |
Answer
|
|
Country A |
|
|
Country B |
|
|
Country C |
|
|
Country D |
|
|
Country E |
1 points
Question 11
Which of the following factors would not be
useful when a policymaker aims to achieve a higher standard of living for her
country in the long run?
Answer
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Using expansionary fiscal and monetary
policy to raise the level of demand in the economy. |
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Raising the number of years of schooling
and the level of skills of workers |
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Encouraging people to save more, leading
to increased capital accumulation. |
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Spending more on research and development
(R&D) |
1 points
Question 12
According to the Solow-Swan model, for a
country that is initially in steady state, if the technology parameter A
(denoting secondary factors) rises, then
Answer
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the per capita capital stock initially
decreases, then returns to its initial steady state level. |
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the per capita capital stock decreases
and the country moves to a new lower steady state level of per capita income. |
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the per capita capital stock initially
increases, then returns to its initial steady state level. |
|
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the per capita capital stock increases
and the country moves to a new higher steady state level of per capita
income. |
1 points
Question 13
Starting from a long-run equilibrium, a
reduction in potential output leads to _____ gap in the short run and to ___
rates of inflation in the long run.
Answer
|
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an expansionary; higher |
|
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an expansionary; lower |
|
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no output; higher |
|
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a recessionary; higher |
1 points
Question 14
Growth of real GDP per person is totally
determined by the growth of average
Answer
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labour productivity and the proportion of
the population employed. |
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labour productivity and the proportion of
the population in the labour force. |
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labour force participation and the share
of income going to capital. |
|
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labour force participation and the share
of the population employed. |
1 points
Question 15
Disinflation is
Answer
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negative inflation, also called
deflation. |
|
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a substantial increase in the rate of
inflation. |
|
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a substantial decrease in the rate of
inflation. |
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a zero inflation. |
1 points
Question 16
Let the saving rate q = 0.8; let the
population growth rate n = 0.025; let the rate of depreciation d = 0.025. If
per capita income y = 100, then the steady state per capita capital stock in
the Solow-Swan model is
Answer
1 points
Question 17
Consider the country of ‘Swan’, which is
described by the Solow-Swan model. Let the saving rate q = 0.8; let the
population growth rate n=0.05; let the rate of depreciation d = 0.05. If per
capita income y=100 and the per capita stock of capital k = 600, then
Answer
|
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Dk = 0 and k is at the steady state per
capita capital stock. |
|
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Dk = 20 and k is below the steady state
per capita capital stock. |
|
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Dk = -20 and k is above the steady state
per capita capital stock. |
|
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Dk = -20 and k is below the steady state
per capita capital stock. |
1 points
Question 18
The self-correcting tendency of the economy
means that rising inflation eventually eliminates
Answer
|
|
expansionary gaps. |
|
|
recessionary gaps. |
|
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exogenous spending. |
|
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induced spending. |
1 points
Question 19
Suppose that the saving rate for an economy
is 0.8; the level of per capita capital stock is 100; the rate of depreciation
is 0.03 and the rate of population growth is 0.02. What is the level of per
capita income if this economy is in steady state?
Answer
1 points
Question 20
Suppose the country of ‘Neo’ is in steady
state in the Solow-Swan growth model and decides that its growth rate of per
capita income is too low. In response, it decides to raise its savings rate.
This has the effect of
Answer
|
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temporarily raising per capita income
growth as the economy moves to a new steady state, but no long-run effect on
per capita income growth. |
|
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raising per capita income growth in both
the near term and in the new steady state. |
|
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raising steady state per capita income
growth in the long run but has no immediate effect on per capita income
growth. |
|
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raises the replacement investment
required for any given level of per capita capital stock. |
advantages does Lenovo derive from the particular international strategy(s) that it pursues
/in Uncategorized /by JosephDB6: Lenovo Case Study
Using the Chapter 12 Case Study for Lenovo (p. 318) answer all questions below. Include Topic # before your response overall four (4) Topic #s.Topic #1What strategies does Lenovo employ to maximize company efficiency and flexibility? What does Lenovo management do to foster organizational learning?Topic #2What are the characteristics of Lenovos culture? How does the culture help Lenovo achieve its international goals?Topic #3Is the firms strategy primarily multi-domestic or global? Justify your answer. What advantages does Lenovo derive from the particular international strategy(s) that it pursues?Topic #4Examine Lenovo in terms of the integration-responsiveness framework. What are the pressures that Lenovo faces for local responsiveness? What are the pressures that Lenovo faces for global integration? What advantages do local responsiveness and global integration each bring to Lenovo?
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Do you think Daru should exert more influence than he does over the Arab’s choice?
/in Uncategorized /by JosephOne World of Literature: The Guest,” Camus (530-540) In Albert Camus’ “The Guest,” Daru does not interfere when the Arab chooses to walk toward police headquarters even though he believes the Arab should seek refuge among the nomads. Do you think Daru should exert more influence than he does over the Arab’s choice? Additional Required Readings: “Rooted and Rootless, Exiled and Belonging: Aporetic Moments of Justice as Law in Camus’s ‘The Guest’” (244-267)
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Advise Gino and Marcia about the different organs of the company and their respectiveroles
/in Uncategorized /by JosephGino runs a successful house building and renovation business. His wife Marcia keeps the accounts andlodges the tax returns and they share the income generated by the business which trades under the name G & M Constructions. They employ two full time tradespeople.Gino breaks his leg whilst at work and is incapacitated so that he has to employ another person.Question 1He asks you whether he can claim compensation under the workers compensation policy for G & M Constructions. Advise Gino whether this is possible and give reasons for the advice.Gino and Marcia consider your advice and decide to incorporate a company but they want to involvetheir children in the business. They have three children: Margaret, Nancy and Leon. Leon is still at school and Nancy is at University studying Nursing. Margaret has always helped doing minor tradeswork on the building sites and office administration and she knows a lot about the construction business. Gino and Marcia want to know who would make the decisions in the company if each of thethree children were given an interest in the company, in other words, if there were five people withinterests in the company would Gino and Marcia end up being a minority of two.Question 2(a) Advise Gino and Marcia about the different organs of the company and their respectiveroles.(b) Suggest an internal company structure that ensures Gino and Marcia retain control of thecompanys business.Gino and Marcia incorporate a company based upon your suggestion in Question 3(b) above.After a few years, G & M Constructions continues to grow strongly and Gino wishes to spend less timeon the worksites. His children, particularly Margaret, are unhappy with many of Ginos managerialdecisions and they want him to retire. An argument erupts and Gino says that G & M Constructionsowes its success to his decision making and to the tools and equipment that he has built up over theyears. Margaret says to him that they will vote him out and that they will keep all of the tools andequipment.Question 3Advise Gino whether the other company members can vote him out, and if they are able to doso can he sell the tools and equipment that he has acquired over the years because he paid forthese before it became a company.Gino runs a successful house building and renovation business. His wife Marcia keeps the accounts andlodges the tax returns and they share the income generated by the business which trades under the name G & M Constructions. They employ two full time tradespeople.Gino breaks his leg whilst at work and is incapacitated so that he has to employ another person.Question 1He asks you whether he can claim compensation under the workers compensation policy for G & M Constructions. Advise Gino whether this is possible and give reasons for the advice.Gino and Marcia consider your advice and decide to incorporate a company but they want to involvetheir children in the business. They have three children: Margaret, Nancy and Leon. Leon is still at school and Nancy is at University studying Nursing. Margaret has always helped doing minor tradeswork on the building sites and office administration and she knows a lot about the construction business. Gino and Marcia want to know who would make the decisions in the company if each of thethree children were given an interest in the company, in other words, if there were five people withinterests in the company would Gino and Marcia end up being a minority of two.Question 2(a) Advise Gino and Marcia about the different organs of the company and their respectiveroles.(b) Suggest an internal company structure that ensures Gino and Marcia retain control of thecompanys business.Gino and Marcia incorporate a company based upon your suggestion in Question 3(b) above.After a few years, G & M Constructions continues to grow strongly and Gino wishes to spend less timeon the worksites. His children, particularly Margaret, are unhappy with many of Ginos managerialdecisions and they want him to retire. An argument erupts and Gino says that G & M Constructionsowes its success to his decision making and to the tools and equipment that he has built up over theyears. Margaret says to him that they will vote him out and that they will keep all of the tools andequipment.Question 3Advise Gino whether the other company members can vote him out, and if they are able to doso can he sell the tools and equipment that he has acquired over the years because he paid forthese before it became a company.
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Research information on companies that have engaged in monopoly behavior, such as Microsoft, Google, or Wal-Mart, and explain how society has been affected by the monopoly behavior using that information.
/in Uncategorized /by JosephCurrent Monopolies
Research information on companies that have engaged in monopoly behavior, such as Microsoft, Google, or Wal-Mart, and explain how society has been affected by the monopoly behavior using that information. In your analysis include the following points, providing specific examples where appropriate:
Discuss the current monopoly to provide a brief overview of the company.
How did the monopoly arise? Did the monopoly increase barriers to entry?
Does the company behave like a monopoly or more like a competitive firm?
Has the monopoly been cited for monopoly behavior? If so, discuss the behavior and the final outcome of the case.
(Hint: Both Microsoft and Wal-Mart have been found guilty of monopoly behavior.)
Submission Requirements:
Attach a Word document of 150 to 250 words that contains all answers.
Formal references in APA format must be provided.
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What is the main criminal justice problem facing rural and regional Australia today?
/in Uncategorized /by JosephAnswer only one question of 2000 word. What is the main criminal justice problem facing rural and regional Australia today? Explain why this is such a significant problem and what can be done to overcome it.
Or
What reforms are needed to improve the criminal justice system in regional and rural Australia? Give reasons to support your answer.
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Describe five threats to private and public organizations
/in Uncategorized /by JosephYou have been asked by the CIO of your company, or another company, to create a PowerPoint® informational presentation. Examples of companies might be a company you have worked for in the past or wish to work for in the future. The audience for this week’s presentation will be a group of department supervisors.
The objectives of this presentation are to:
Create an 8- to 10-slide PowerPoint® informational presentation
Address the following concepts
Define cyber security
Describe how you can identify threats: both emerging and existing
Describe five threats to private and public organizations
Content for each of the objectives
Detailed slide notes including analysis of each concept or term listed in each slide. Each slide must include detailed slide notes supported by one or more supporting references. The references must be cited in the slide notes. Do not use material copied from your resources.
References used to support your presentation, including a minimum of two outside academic references in addition to course textbooks and videos. Your references must be shown in a references slide at the end of your presentation.
Neither the title slide nor the references slide are included in the required slide count.
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Discuss your own placement on the cultural competence continuum
/in Uncategorized /by JosephIn 500-750 words, write an essay that addresses the following:
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.
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Assume the participation rate is constant and equal to 100 percent in both economies.
/in Uncategorized /by JosephReal GDP per person in Northland is $30,000
Real GDP per person in Northland is $30,000
Real GDP per person in Northland is $30,000
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Demonstrate an understanding of the basic technology underlying health care information systems.
/in Uncategorized /by JosephTechnology Assessment and Government Regulations
Due Week 3 and worth 150 points
You are the senior manager of a large healthcare organization. The senior management team must decide on a Health Information Management Systems (HIMS) for the organization that will encompass several clinical and administrative departments. You will need to create a PowerPoint presentation that will persuade your CEO to purchase your chosen HIMS. Your presentation should also contain some important aspects of HIMS (EMR) such as, implementation, interoperability, productivity, and support challenges.
Create a twenty to twenty five (20-25) slide PowerPoint presentation in which you:
Create an argument to be presented to the CIO the need to integrate all clinical and administrative departments using a Health Information Management System in your health care organization. Note: Your title slide is considered as one (1) slide.
Identify and analyze the most significant EHI, EHR, HIPPA, and HITECH current regulations in your state. Next, determine two (2) ways they could impact the integration of HIMS in your health care organization. Be sure to include three (3) potential solutions to address these regulation challenges.
Propose three (3) privacy and security measure that will help health care providers avoid security breaches, data loss, and better allow them to concentrate on caring for their patients. Next, develop an action plan to protect patient information that complies with EHI, HER, PHI, HIPAA legal requirements.
Suggest three (3) key actions you could take to monitor privacy and security violations that may occur after the implementation of HIMS in your health care organization.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Note: Your references slides is considered as one (1) slide.
The specific course learning outcomes associated with this assignment are:
Demonstrate an understanding of the basic technology underlying health care information systems.
Apply senior management’s role in information technology management.
Use technology and information resources to research issues in health information systems.
Write clearly and concisely about health information systems using proper writing mechanics.
Click here to view the grading rubric.
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Discuss a current state policy that influences family policies. (You determine a policy of your choice) Discuss a current state policy that influences work policies. (You determine a policy of your choice)
/in Uncategorized /by JosephDiscuss a current state policy that influences family policies. (You determine a policy of your choice)
Discuss a current state policy that influences work policies. (You determine a policy of your choice)
From the readings and your research, provide an example of a local, a state, and a federal policy (three separate policies). Evaluate whether or not you think each policy is appropriate or in need of a revision.
From the readings and your research, explain how social, political, and environmental factors influenced the Immigration Policy in the United States. Use at least (2) two examples to support your response.
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