-Monetary Policy

What is monetary policy? Who conducts monetary policy in the United States? Read the most recent FOMC statement. Did the FOMC increase or decrease interest rates? Explain why the FOMC changed the interest rate and how a change in the interest rate impact the economy as a whole.

-Fiscal Policy

What is fiscal policy? Is the President and Congress currently running expansionary fiscal policy or contractionary fiscal policy? Why?

Over the last 10 years, in Canada and the United States, corporate bond yields have fallen (relative to previous time periods) to very low levels and during the same period both countries have experienced low rates of economic growth. Give two reasons to explain why bond yields in Canada and the U.S. have fallen to low levels over the last 10 years. Note: No diagram is needed to answer this question, you can provide your answer in words.

Corporation A sells coffee bottles to all, starbursts, locations in the United States. Corporation B sells dinner paper plates to Olive Garden. Corporation A charges $1 for a pack of 100 bottles and Corporation B charges $3 for 1 dinner paper plate. Tell us exactly what information you would need to determine whether Corporation A or Corporation B has higher annual revenue and explain how you would calculate these two figures.

Davis Stores sells clothing in 15 stores located around the southwestern United States. The managers at Davis are considering expanding by opening new stores and are interested in estimating costs in potential new locations. They believe that costs are driven in large part by store volume measured by revenue. During a discussion, one of the managers suggests that number of employees might be better at explaining cost than store revenues. As a result of that suggestion, managers collected the following information from last year’s operations (revenues and costs in thousands of dollars):

b. Use the results of your high-low analysis to estimate the cost for a store with 30 employees. (Do not round your intermediate calculation. Enter your answers in thousands of dollars.)

Find the Store cost $

As culturally aware mental health counselors what components of Social Class, within the United States, that includes Socioeconomic status, income, education, and children transitioning to adulthood from within these classes, upward and downward social mobility. Must we be mindful of in order to provide the best possible therapeutic outcome? What social injustice do various social classes face and what can be done to help advocate for change to provide social justice?

On August 10, 1972, a large meteorite skipped across the atmosphere above the western United States and western Canada, much like a stone skipped across water. The accompanying fireball was so bright that it could be seen in the daytime sky and was brighter than the usual meteorite trail. The meteorite's mass was about 4.2 × 10⁶ kg; it's speed was about 16 km/s. Had it entered the atmosphere vertically, it would have hit Earth's surface with about the same speed. (a) Calculate the meteorite's loss of energy (as a positive number, in joules) that would have been associated with the vertical impact. (b) Express the energy as a multiple of the explosive energy of 1 megaton of TNT, which is 4.2 × 10¹⁵ J. (c) The energy associated with the atomic bomb explosion over Hiroshima was equivalent to 13 kilotons of TNT. To how many Hiroshima bombs would the meteorite impact have been equivalent?

From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $12 million in withdrawals from other banks’ ATM machines. On average, noncustomers earn a wage of $26 per hour and pay ATM fees of $3.50 per transaction. It is estimated that banks would be willing to maintain services for 4 million transactions at $1.50 per transaction, while noncustomers would attempt to conduct 19 million transactions at that price. Estimates suggest that, for every 1 million gap between the desired and available transactions, a typical consumer will have to spend an extra minute traveling to another machine to withdraw cash.

Based on this information, what would be the nonpecuniary cost of legislation that would place a $1.50 cap on the fees banks can charge for noncustomer transactions?

Instructions: Enter your responses rounded to the nearest penny (two decimal places).

$ 0

What would be the full economic price of this legislation?

$ 0

Garcia Real Estate is involved in commercial real estate ventures throughout the United States. Some of these ventures are much riskier than other ventures because of market conditions in different regions of the country.

1) If Garcia does not risk-adjust its discount rate for specific ventures properly, which of the following is likely to occur over time? Check all that apply.

A. The firm will increase in value.

B. The firm’s overall risk level will increase.

C. The firm could potentially reject projects that provide a higher rate of return than the company should require.

2) How do managers typically deal with within-firm risk and beta risk when they are evaluating a potential project?

A. Subjectively

B. Quantitatively

Consider the case of another company. Turnkey Printing is evaluating two mutually exclusive projects. They both require a $5 million investment today and have expected NPVs of $1,000,000. Management conducted a full risk analysis of these two projects, and the results are shown below.

3) Which of the following statements about these projects’ risk is correct? Check all that apply.

A. Project B has more market risk than Project A.

B. Project B has more stand-alone risk than Project A.

C. Project A has more stand-alone risk than Project B.

D. Project A has more market risk than Project B.

Situation: Suppose a large portion (approximately 20%) of the United States decides that the COVID-19 epidemic is a sign of the coming apocalypse within the month (assume they are wrong). Approximately half of this group decides to spend all their wealth on doomsday preparation and charitable acts. The other half of this group decides that the world is doomed, there is no hope of fighting it and decides to party and have as much fun as possible for the next month.

1. Using words (and math if you’d like) describe the macroeconomic impacts of these groups’ actions. What will be the impact on total, consumption, and investment spending, net exports, and the price level? Will interest rates be affected? If so, how?
2. Graph the changes described in your answer to question 1. Use all appropriate graphs in your answer (AD-AS, Supply and Demand, Loanable Funds Market, Money Market, etc.).
3. Based on your answer to question 1:
a. What is the appropriate governmental policy response, if any, after a month has passed and each group is proven wrong? Defend your answer.
b. What will be the impact on total, consumption, and investment spending, net exports, and the price level? Will interest rates be affected? If so, how?
4. Graph the changes describe in your answer to question 3. Use all appropriate graphs in your answer (AD-AS, Supply and Demand, Loanable Funds Market, Money Market, etc.).

Aging and Environmental Influences

Life expectancy has continued to increase in the United States.

Please respond to the following:

• What health practices would you suggest to promote longevity?
• Based upon the description of contemporary theories of aging: genetic, non-genetic cellular, and physiological, which theory do you believe is most impactful in describing the aging process and why?
• What are some of the stress management techniques you would recommend to a client who is dealing with a distressing life event, such as caring for an older adult family member who has Alzheimer’s disease?