Select a personal health behavior and describe how it can impact both individual and population health, as well as the costs of health care delivery in the United States. Consider what efforts are being, or could be, made to lessen negative impacts on individuals and populations, as well as on costs.

The bank of Canada is concerned about the current COVID-19 financial crisis and decided to decrease its key interest rate to 0.25%.

a) with the aid of an appropriate diagram show the change in money supply

b) with your understanding of the monetary transmission mechanism and assuming an open economy how the bank of Canada actions effect the various components of AD and ultimately the equilibrium price level and real GDP ?

use the appropriate diagram to help explain your answers

Nebraska Virginia

Wheat 10 4

Cotton 12 6

21) Refer to the table above for the next few questions. Nebraska and Virginia each have 100 acres of farmland. The table gives the hypothetical figures for yield per acre in the two states. Who has the absolute advantage in the production of wheat?

a)Nebraska b)Virginia c) Both of the above d) None of the above

22) Who has the absolute advantage in the production of cotton?

a)Nebraska b)Virginia c)Both of the above d) None of the above

23) Who has the comparative advantage?

a) Nebraska b) Virginia c) Both of the above d) None of the above

24) Who has the comparative advantage in the production of cotton?

a)Nebraska b) Virginia c)Both of the above d) None of the above

Two firms compete in a homogeneous product market where the inverse demand function is P = 20 -5Q (quantity is measured in millions). Firm 1 has been in business for one year, while Firm 2 just recently entered the market. Each firm has a legal obligation to pay one year’s rent of $1 million regardless of its production decision. Firm 1’s marginal cost is $2, and Firm 2’s marginal cost is $10. The current market price is $15 and was set optimally last year when Firm 1 was the only firm in the market. At present, each firm has a 50 percent share of the market.

a. Based on the information above, what is the likely reason that Firm 1’s marginal cost is lower than Firm 2’s marginal cost?

• Second-mover advantage

• Direct network externality

• Learning curve effects

• Limit pricing

b. Determine the current profits of the two firms.

Instruction: Enter all responses rounded to two decimal places.

Firm 1's profits: $  million

Firm 2's profits: $  million


c. What would each firm’s current profits be if Firm 1 reduced its price to $10 while Firm 2 continued to charge $15?

Instruction: Enter all responses to two decimal places.

Firm 1's profits: $  million

Firm 2's profits: $  million


d. Suppose that, by cutting its price to $10, Firm 1 is able to drive Firm 2 completely out of the market. After Firm 2 exits the market, does Firm 1 have an incentive to raise its price?

• No

• Yes

e. Is Firm 1 engaging in predatory pricing when it cuts its price from $15 to $10?

• No

• Yes

Describe how you would re-create a local government system in California’s metro regions. You do not need to talk about specific regions—focus on general principles that can apply to all major metro areas.

2. What type of relationship should there be between local governments (e.g., competition, cooperation, etc.)?

1. According to the Chairman, what goals does Congress set for the Federal Reserve?
2. What is their current stance on interest rates in 2019?
3. What is happening to the economic indicators that he discussed in the statement (the ones we have already studied: consumption, business investment, net exports, unemployment/labor market, inflation, trade, etc.)? Please discuss each of these indicators.
4. What, if any, concerns does the Federal Reserve have about the economy in the near future that may cause them to change their monetary policy?

In the last quarter of 2019, US GDP was approximately $21.0 trillion dollars with an unemployment rate less than 4%. However, with the precautionary steps taken to stop the spread of COVID-19, a significant number of workers were laid off and unemployment climbed significantly. If the unemployment rate does not decline and stays at an average of 15% for an entire year, then the fall in the US GDP is likely to be

Group of answer choices

$3.15 trillion.

$16.4 trillion.

$4.20 trillion.

$4.60 trillion.

What do the basic models of international factor movements between two countries predict with regard to the impact on factors from each country and overall output? In reality are the results the same as would be predicted in this model? If they are different, explain why this is the case.

Explain the impact of a tariff in a large country on the domestic price, domestic producers, consumers, government, and the economy overall. How do these results compare to a small country?

In the days when the epidemic started, the price of the mask, which is normally $ 0.25 , has climbed up to $ 8 in the market. In this period, on average, a mask found buyers in the market for $ 4.
Mask supply and demand functions
Q^d = a - bP
Q^s = -c + dP
Q^d = Q^s
Let's assume that it is. Here you can choose the numerical values of the a, b, c, d parameters to solve the problem. When making solutions, use them parametrically.

a)Using the above information, plot the supply and demand functions for the mask market. Show consumer and producer surplus values on the chart.

b)If the mask price is $ 6, write the consumer and producer residual value using the integral. (calculation is not required.)

c)The Ministry of Health has announced the mask price as $ 1. According to this explanation, write the residual value of the producer and consumer using Integral. (calculation is not required)

Please answer all four (4) questions utilizing textbook, and independent research if necessary. Provide 'complete answers' to the questions - indicating your knowledge of the subject matter supported by specific details and examples. All sources MUST be cited.  

Question 1. What is meant by the term sovereignty? Why is it significant in international law?

Question 2. Define the most-favoured-nation rule and describe two exceptions to the rule that are allowed by the GATT.

Question 3. What are the two main side agreements established under NAFTA? Describe their impact on trade between Canada, United States and Mexico.

Question 4. What is Brexit? What are some of the reasons behind Brexit?

Why do demographic data matter for understanding politics and political issues? Forecast which policies might be affected if a greater number of young people were to get involved in elections and political movements. List at least one policy and explain why it matters to young voters (under 30).

a) Relationships between sets economic variables must always be qualified by the "ceteris paribus" phrase. What does this phrase means, and how relevant is it for the development of economic theory?

b) What are the steps in the scientific methodology used by economists to investigate economic relationships.