Questions
For the following four questions please use the following table and information. Assume that the CPI...

For the following four questions please use the following table and information. Assume that the CPI base year is 1990 and also assume that the CPI market basket has .04 houses, .1 cars, and 1,500 gallons of gasoline. Please use 1 decimal place in your answers.

Year House Price Car Price Nominal Gasoline Price per Gallon
1990 $150,000 $10,000 $2.00
2000 $210,000 $18,000 $2.10
2010 $225,000 $25,000 $2.30
2019 $250,000 $30,000 $2.50
2020 $252,000 $30,500 $2.70

1- What is the value of the CPI in 1990?

2-What is the value of the CPI in 2020?

3-What is the value of the core CPI in 2020? Hint: what of this market basket would be excluded and what would be included?

4- Say that you wanted to compute the market basket in each of 1990, 2000, 2010, 2019, and 2020. when you compare your calculations, what is kept constant over these years?

a) the prices of goods

b) the number of goods in the market basket

c) nothing

In: Economics

During the 20th century, what role did changes in innovation, technology, and communication play: in the...

  1. During the 20th century, what role did changes in innovation, technology, and communication play:
  • in the decline of agriculture’s relative size (in terms of # of jobs) while simultaneously allowing for agricultural production to significantly increase?
  • in the decline of manufacturing’s relative size, (in terms of # of jobs) resulting in a fourfold increase in the amount of manufactured goods with only a 20% increase in manufacturing employment?
  • growth in the services sector?
  • growth in international trade?

In: Economics

whargo company purchased a valuable technology patent on January 1, 2020 for $425,000. The patent has...

whargo company purchased a valuable technology patent on January 1, 2020 for $425,000. The patent has a useful life of 21 years and legal life of 17 years. Journalize:

(a) the purchese of the parent for cash on January 1, 2020

(b) Amortization of the patent on december 31, 2020

In: Accounting

A country's census lists the population of the country as 246 million in 1990, 268 million...

A country's census lists the population of the country as 246 million in 1990, 268 million in 2000, and 286 million in 2010. Fit a second-degree polynomial passing through these three points. (Let the year 2000 be x = 0 and let p(x) represent the population in millions.) p(x) = million

Use this polynomial to predict the population in 2020 and in 2030.

2020 million

2030 million

In: Advanced Math

In 2010, the Institute of Medicine released a report entitled The Future of Nursing. In 2020,...

In 2010, the Institute of Medicine released a report entitled The Future of Nursing. In 2020, we are now at the 10th anniversary of its publication. Although you do not have the full report in front of you, the key areas addressed in the report are listed below. For each of the eight areas, give your opinion of whether or not the goal has been fully met, partially met, or not met. Then for goals #1, #2, #6, #7, and either #4 or #5, discuss how you in a role as a staff RN can contribute to the achievement of the goals or to the further advancement of the goal if you believe it has already been met.

Key Areas Addressed:

1. Remove scope-of-practice barriers

2. Expand opportunities for nurses to lead and diffuse collaborative improvement efforts.

3. Implement nurse residency programs.

4. Increase the proportion of nurses with a baccalaureate degree to 80% by 2020.

5. Double the number of nurses with a doctorate by 2020.

6. Ensure that nurses engage in lifelong learning.

7. Prepare and enable nurses to lead changes to advance health

8. Build an infrastructure for the collection and analysis of inter-professional healthcare workforce data.

All postings are to be in complete sentences. You may answer the met/not met with simple sentences - Goal #x is met. Goal #y is not met. as examples. When speaking to the five goals, you must address how you can assist the profession in meeting/improving each goal's response in a full paragraph with at least four sentences.

In: Nursing

The following table contains approximate figures for gross domestic product (GDP) and the national debt in...

The following table contains approximate figures for gross domestic product (GDP) and the national debt in the United States for June 2001 and June 2010. The national debt represents the total amount of money owed by the federal government to holders of U.S. securities. All numbers are in trillions of dollars.

GDP

Total National Debt

Debt Held by

Debt Held Outside Fed. Govt. and Fed. Reserve

(Trillions of Dollars)

(Trillions of Dollars)

Federal Government

Foreign Ownership (External National Debt)

U.S. Ownership (External National Debt)

and Federal Reserve

(Trillions of Dollars)

(Trillions of Dollars)

(Trillions of Dollars)

June 2001 10.1 5.7 3.0 1.0 1.7
June 2010 14.5 13.2 4.6 4.0 4.6

Source: “U.S. Treasury, Bureau of Economic Analysis.”

Net public debt is the portion of the national debt that is held outside the federal government and the Federal Reserve System. In June 2001, the net public debt as a percentage of total national debt was __________.

In June 2001, the percentage of the U.S. national debt held by foreigners (external national debt) was ________ .

The fraction of the national debt held by foreigners will eventually need to be repaid to foreigners, thereby reducing the collective purchasing power of Americans. Between 2001 and 2010, the fraction of the national debt held by foreigners __________ .

The absolute level of the debt does not necessarily provide a clear indication of a nation's debt burden. Thus, economists often look at relative measures of the national debt. One possible relative measure of the national debt is the federal debt held by the public (outside the federal government and the Federal Reserve) as a percentage of GDP. In 2001, publicly held debt was _______ of GDP. Between 2001 and 2010, publicly held debt as a percentage of GDP _________ .

In: Advanced Math

Consider a closed economy’s market for loanable funds. a) Write down the equation that represents the...

Consider a closed economy’s market for loanable funds.

a) Write down the equation that represents the equilibrium condition for this market. What is the “price” variable in this market? How does it adjust to ensure equilibrium in this market?

b) Use the demand-supply diagram to illustrate the market for loanable funds, and make sure you label both axes and identify the equilibrium point on the graph. Use the graph to illustrate how an increase of government spending will affect savings, investments, real interest rate, and output. Explain crowding out effect using your results.

In: Economics

In a closed room, you turn the ceiling fan on to cool yourself down as you...

In a closed room, you turn the ceiling fan on to cool yourself down as you complete an online exam. Over time, will the temperature in the room increase/decrease/stay the same? Support your answer using explanations/equations as necessary.

In: Physics

1) Find unemployment rates from 2010-2020 in Canada and present it in a graph. 2) what...

1) Find unemployment rates from 2010-2020 in Canada and present it in a graph.

2) what are the causes of unemployment?

3) Does a high minimum wage result in higher unemployment?

4) Does employment insurance cause unemployment?

In: Economics

3. You have just been hired as the Labour Relations Coordinator at a public sector organization....

3. You have just been hired as the Labour Relations Coordinator at a public sector organization. Today, your manager has just informed you that the next round of collective bargaining with the union begins on September 1st 2020. She has asked you to put together a comprehensive planning document for the CB process. She wants to see all work tasks, work tasks assigned to people (positions), resources needed to complete tasks and time lines. She suggests that you prepare this planning document in a chart/table/schematic format.

In: Economics