Determine whether or not the following statements are true or false.
A. If the income consumption curve is vertical, the Engel curve for good y is upward sloping.
B. If the price consumption curve (as the price of good x changes) is vertical, the price elasticity of demand for good x is zero.
C. An upward sloping price consumption curve (as the price of good x changes) indicates that goods x and y are complements in consumption.
D. If preferences over goods x and y are represented by U(x,y) = 3x1/2 y1/2 , the price consumption curve (as the price of x changes) is necessarily horizontal.
E. If U(x,y)= 3 + ln(x) + 5y, the income consumption curve is vertical, assuming an interior solution.
In: Economics
In order to manage change and implement change strategies, it is important to avoid implementing irrelevant or random methods and try to focus on a suitable plan of action. Change management is an ongoing process that takes time, expertise, dedication and efforts to implement and run. It requires the involvement of people or staff of the company and may also result in these people being affected by the changes too. Before adopting one of the many effective and popular change management approaches and models, an organization must first figure out why it needs the changes and how will the changes benefit it.
Q.1 Demonstrate the most important major approaches, models, cost and risks of change management
.
Note: Please Answer in Detail please and do not copy paste from internet
In: Operations Management
1) Let’s analyze how the following situations will affect the market for loanable funds.
a) Suppose that there is a higher government deficit.
Higher government deficit will the (demand or supply) for loanable funds to shift to the (left or right). As a result, the equilibrium interest rate will (decrease or increase) and the equilibrium amount of loanable funds will (decrease or increase).
b) Suppose that there are more social welfare programs.
More social welfare programs will cause the (demand or supply) for loanable funds to shift to the (left or right). As a result, the equilibrium interest rate will (decrease or increase) and the equilibrium amount of loanable funds will (decrease or increase).
c) Suppose that there are a higher government deficit and more social welfare programs at the same time.
There are three cases of change in equilibrium.
In all three cases, the equilibrium interest rate will definitely (increase or decrease).
If supply changes more than demand changes, the equilibrium amount of loanable funds will (increase or decrease or stay the same).
If supply changes less than demand changes, the equilibrium amount of loanable funds will (increase or decrease or stay the same).
If supply changes by the same amount as the demand changes, the equilibrium amount of loanable funds will (increase or decrease or stay the same).
2) Suppose that consumption is $10 trillion, investment is $4 trillion, government spending is $4 trillion, taxes are $3 trillion, and capital inflow is $1.2 trillion and capital outflow are $0.8 trillion.
a) Suppose that there is no government and the economy is a closed economy.
The private saving is $ trillion because private saving is equal to without a government and trade.
b) Suppose that there is a government and the economy is a closed economy.
The public saving is -$ trillion. As a result, there is a budget (surplus or deficit). The private saving is $ trillion.
c) Suppose that there is a government and the economy is an open economy.
The net capital flow is $ trillion. As a result, there is a net capital (inflow or outflow). Investment is (greater or less) than national saving.
In: Economics
Laurie is a 32-year-old primigravida at 40 weeks of gestation who is admitted to the Labor and Delivery unit in early labor. She has no known risk factors. Her bag of waters is intact, and she is 3 cm dilated, 90% effaced, and –1 station. The fetal heart rate is 120 with moderate variability, and she is contracting 3 to 4 minutes apart for 60 seconds.
As a woman progresses through the stages of labor, various body system adaptations will occur.
1. What are these physiologic changes, and what are the risks to the maternal-fetal unit as a result?
2. How will the nurse modify her care of Laurie in response to these physiologic changes during labor?
3. What are the cardiovascular physiologic changes that occur during labor?
4. What position is beneficial for the laboring woman owing to these cardiovascular changes?
5. What are the respiratory physiologic changes that occur during labor?
Laurie asks the nurse if she can eat the turkey sandwich that her husband bought for her in the cafeteria.
6. Should Laurie eat a sandwich while in labor?
7. What are the gastrointestinal physiologic changes that occur during labor?
Laurie’s labor progresses. Her bag of waters ruptures spontaneously for clear fluid. She is 5 cm dilated on examination. Laurie wants an epidural for pain management. She is preloaded with IV fluid. Her bladder is distended 1 hour after the epidural is placed, and the nurse obtains an order from the physician for an in and out catheterization. The nurse dipsticks Laurie’s urine for protein, and it is 1+.
8. Should the nurse be concerned about this finding?
Laurie is now 10 cm dilated and +2 station, and she feels the urge to push.
9. What instructions should the nurse give Laurie about pushing?
In: Nursing
Cancer can seem unavoidable, but we luckily know that certain behaviors and health choices are correlated with a higher risk of cancer. In this part of the course project, you will create an action plan based on the strategies you learned in this module to minimize cancer risk that is applicable to your own life. Next, think about your current lifestyle and habits. Given the ideal behaviors for minimizing cancer risk, what changes could you make to the way you live now?
Potential changes fall into three broad categories: lifestyle changes, eating habits, the way you prepare your food. Select five specific changes that you can make and write them in the “Anti-Cancer” section of the table on page 4 of this document. Then, explain the science behind why each one may have an impact on your risk for cancer.
Action Plan Table
Tip: Make each action step as specific and personal as possible. Don’t just repeat the strategy—tell us how you will incorporate it into your routine. Here are a few examples:
|
Action Step |
Rationale |
|
|
Anti-Cancer |
Lifestyle change 1. |
Science says these changes will make an impact by… |
|
Lifestyle change 2. |
||
|
Eating habits 3. |
||
|
Eating habits 4. |
||
|
Food preparation 5. |
||
|
Anti- Osteoporosis |
Sources of Calcium |
Science says calcium is important because... |
|
Anti- Hypertension |
Relaxation strategy 1. |
Science says these changes will make an impact by… |
|
Stress management strategy 2. |
||
|
Lifestyle change 3. |
||
|
Dietary change 4. |
In: Biology
Laurie is a 32-year-old primigravida at 40 weeks of gestation who is admitted to the Labor and Delivery unit in early labor. She has no known risk factors. Her bag of waters is intact, and she is 3 cm dilated, 90% effaced, and –1 station. The fetal heart rate is 120 with moderate variability, and she is contracting 3 to 4 minutes apart for 60 seconds.
As a woman progresses through the stages of labor, various body system adaptations will occur.
1. What are these physiologic changes, and what are the risks to the maternal-fetal unit as a result?
2. How will the nurse modify her care of Laurie in response to these physiologic changes during labor?
3. What are the cardiovascular physiologic changes that occur during labor?
4. What position is beneficial for the laboring woman owing to these cardiovascular changes?
5. What are the respiratory physiologic changes that occur during labor?
Laurie asks the nurse if she can eat the turkey sandwich that her husband bought for her in the cafeteria.
6. Should Laurie eat a sandwich while in labor?
7. What are the gastrointestinal physiologic changes that occur during labor?
Laurie’s labor progresses. Her bag of waters ruptures spontaneously for clear fluid. She is 5 cm dilated on examination. Laurie wants an epidural for pain management. She is preloaded with IV fluid. Her bladder is distended 1 hour after the epidural is placed, and the nurse obtains an order from the physician for an in and out catheterization. The nurse dipsticks Laurie’s urine for protein, and it is 1+.
8. Should the nurse be concerned about this finding?
Laurie is now 10 cm dilated and +2 station, and she feels the urge to push.
9. What instructions should the nurse give Laurie about pushing?
In: Nursing
With double-digit annual percentage increases in the cost of health insurance, more and more workers are likely to lack health insurance coverage (USA Today, January 23, 2004). The following sample data provide a comparison of workers with and without health insurance coverage for small, medium, and large companies. For the purposes of this study, small companies are companies that have fewer than 100 employees. Medium companies have 100 to 999 employees, and large companies have 1000 or more employees. Sample data are reported for 50 employees of small companies, 75 employees of medium companies, and 100 employees of large companies.
Health Insurance Size of Company Yes No Total Small 36 14 50 Medium 65 10 75 Large 88 12 100
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In: Statistics and Probability
Which of the following is NOT a way in which expansion of the EU complicates EMU?
A.
Coordination of 25 exchange rates is more difficult than 15.
B.
Complicates voting procedures for the ECSB.
C.
Increases the likelihood of asymmetric shocks within the eurozone.
D.
All three complicate EMU.
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What is the main purpose of Stability and Growth Pact (SGP)?
A.
To centralize fiscal policy.
B.
To prevent inflationary pressure on ESCB.
C.
To establish equal rates of economic growth in the Euro-zone.
D.
To prevent beggar-thy-neighbor policies.
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Movements in the euro's external exchange rate can be seen as goods-market shocks that have asymmetric effects on different effects on different euro zone members. When the euro appreciated against China's currency in 2004, which country suffered the greater fall in aggregate demand, Germany, which does not compete directly with China in its export markets, or Greece, which does?
A.
Germany
B.
Greece
C.
Both equally
D.
Uncertain
In: Economics
The table shows a short excerpt from the "car weight and mileage" data file on the text CD. That file lists several 2004 model cars with automatic transmission and their x = weight (in pounds) and y = mileage (miles per gallon of gas). The scatterplot is roughly linear and r = -0.74. The regression equation is = 47.140 - 0.0051x.
| Automobile Brand | Weight | Mileage |
|---|---|---|
| Honda Accord Sedan LX | 3137 | 35 |
| Toyota Corolla | 2583 | 40 |
| Dodge Dakota Club Cab | 3869 | 20 |
| Jeep Grand Cherokee Laredo | 4002 | 19 |
| Hummer H2 | 6387 | 19 |
(a) Find the predicted mileage and residual for a Hummer H2.
| y^ | = (2 decimal places) |
| Residual | = (2 decimal places) |
(b) Use this information in a sentence.
The Hummer gets miles/gallon ---Select--- (fewer) (more)
than one would predict.
(c) % (Enter a number between 0 and 100; 2 decimal
places) of the variability in ---Select--- (Mileage)
(Weight) can be explained by ---Select--- (Mileage)
(Weight)
In: Statistics and Probability
The National Sleep Foundation used a survey to determine whether
hours of sleeping per night are independent of age
(Newsweek, January 19, 2004). The following show the hours
of sleep on weeknights for a sample of individuals age 49 and
younger and for a sample of individuals age 50 and older.
| Hours of Sleep | |||||||
| Age | Fewer than 6 | 6 to 6.9 | 7 to 7.9 | 8 or more | Total | ||
| 49 or younger | 38 | 56 | 70 | 76 | 240 | ||
| 50 or older | 30 | 56 | 71 | 103 | 260 | ||
Conduct a test of independence to determine whether the hours of
sleep on weeknights are independent of age. Use = .05.
Use Table 12.4.
A.) Compute the value of the 2 test statistic (to 2
decimals).
B.) Using the total sample of 500, estimate the percentage of
people who sleep less than 6, 6 to 6.9, 7 to 7.9, and 8 or more
hours on weeknights (to 1 decimal).
| Less than 6 hours | % |
| 6 to 6.9 hours | % |
| 7 to 7.9 hours | % |
| 8 or more hours | % |
In: Statistics and Probability