Using the Social Ecological model, explain how this social determinant exists at EACH level (individual, community, policy, etc). Provide concrete examples of how we can address the inequities caused by this social determinant at each level.

In this module, you learned about third party contract rights and that there are generally two ways to have rights under an existing contract. In the following scenario, determine whether Jake has the right to sue.

Betty contracted with Scooby’s Skate store to deliver a pair of skates to Jake for his birthday. Scooby’s owner was going on a trip and delegated the delivery of the skates to Brian. Brian failed to make delivery.

1. Can Jake sue Brian for breach of contract, as he was not a party to the original contract? Explain your answer. (5 pts)
   
2. Brian was not a party to the original contract. Why would a court hold him responsible for failing to make delivery? If you do not think a court would hold him responsible, explain your answer. (5 pts)
   
3. Can Jake sue Scooby’s Skates for breach of contract? Explain your answer. (5 pts)

What do you believe is the most significant change required in organizational structure as a company makes the shift from a national to a global enterprise? Why? How does this change most significantly influence the marketing of the company's products or services? Explain.

The following diagram presents a circular-flow model of a simple economy. The outer set of arrows (shown in green) shows the flow of dollars, and the inner set of arrows (shown in red) shows the corresponding flow of inputs and outputs.

Based on this model, households earn income when___________________ purchase_______________________ in factor markets.

Suppose Cho earns $525 per week working as work as a flight attendant for Flyaway Airlines. She uses $10 to order a mojito cocktail at Little Havana. Little Havana pays Bob $300 per week to wait tables. Bob uses $125 to purchase air travel to Hawaii from Flyaway Airlines.

Identify whether each of the following events in this scenario occurs in the factor market or the product market.

Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply.

The mojito Cho receives

The $125 Bob spends to purchase air travel to Hawaii from Flyaway Airlines

The $300 per week Bob earns working for Little Havana

Cho's labor

Give 3 different concepts and examples of macroeconomic policy.Interpret ıt.(200-300 words)

Notice the following model of a bond market. In each situation given, explain what happens to the bond price and yield and why. a) Expected inflation decreases b) The return on bonds falls relative to other assets c) The federal government deficit decreases

Example of Macroeconomic policy tradeoffs? Interpret it.(200-300 words)

Is it impossible to talk about the best macroeconomic policy? İf not why? (200-300 words)

Discuss each of arguments presented below for small local governments units:

For small LG units:

1. Easier communication between citizens and governors

2. More „quasi-market” competition- by „exit”

3. Less people in administration

4. Economies of scale could be achived by PPP

5. More innovative governors and administration

In the country of imagination, we have the following data for the GDP calculation (2015 is the base year):

1. Please compute the nominal GDP, real GDP and GDP deflator for 2016.
2. what is the percentage change in nominal GDP between 2015 and 2016?
3. What is the percentage change of the overall price (GDP deflator) between 2015 and 2016?

Assume a Ricardian model with two countries, Home and Foreign, that both produce coffee and tea. Home has 600 units of labor (L) available. Home’s unit labor requirement in the production of coffee is a_LC = 4, while in the production of tea it is a_LT = 3. Foreign has 800 units of labor (L^*) available. Foreign’s unit labor requirement in the production of coffee is a^*_LC = 2, while in the production of tea it is a^*_LT = 1.

a) Assume there is no trade. Moreover, markets are competitive and wages equal marginal productivities.

a1) Determine Home’s production possibility frontier (PPF), i.e., denote Q_C as a function of Q_T where Q_C denotes the output of coffee and Q_T denotes the output of tea.

a2) Determine the wages that are paid in both sectors in Home. Provide a brief explanation.

a3) What are the equilibrium relative prices of coffee in terms of tea in both countries? Provide a brief explanation.

b) Assume now that there is free trade.

b1) Assume the world relative price of coffee in terms of tea is P^T_C / P^T_T= 1.5. Determine the production output of coffee and tea for both countries. Explain how you get to your results.

b2) Assume the world relative price of coffee in terms of tea increases to P^T_C / P^T_T = 2. How does your answer to part b1) change? Briefly explain.