Describe the three basic tasks of healthcare economics. Explain each one with examples of tools and techniques used to evaluate it. Consider that you are a consultant with a firm that has been selected by your state government to evaluate the economic state of healthcare. How would you initiate and manage your evaluation?

Q1 Take a typical worker, Jordan. Before the onset of COVID-19, Jordon earned $30 per hour(after taxation) in their job. Assume that Jordan has no other sources of income or savings. Write down the equation of Jordan’s consumption budget constraint (for a single working day). Using a model with consumption on the vertical axis and hours of free time on the horizontal axis, plot Jordan’s budget constraint. Label all relevant elements of this diagram and state the value of the horizontal and vertical intercepts.

Q2 Now, add an indifference curve to the model you developed in Q1 and label it IC1. This indifference curve should be at a utility maximising point and show Jordan’s corresponding choice of consumption and hours of free time. As you have not been given any information regarding Jordan’s preferences, state one assumption that you have made about Jordan’s utility maximising choice and one assumption that you have made about the slope of Jordan’s indifference curve.

Q3 The arrival of COVID-19 brought financial hardship for Jordan’s employer. As a result, Jordan has had their hourly wage cut by 20% (a common occurrence around the world a t the moment). Write down a new equation for Jordan’s consumption budget constraint (for a single working day). Using the same model developed in Q1-Q2, plot Jordan’s new budget constraint. Clearly state the value of the horizontal and vertical intercepts.

Q4 Now, add a second indifference curve to the model you developed in Q1-Q3 and label it IC2. This indifference curve should be at a new utility maximising point and show Jordan’s corresponding choice of consumption and hours of free time. State what has happened to Jordan’s choice of consumption and free time. What can be said about Jordan’s overall level of utility after the onset of COVID-19?

Q5 Using the model created in Q1-Q4, show the income effect, substitution effect and overall effect of Jordan’s wage decrease. Compare the relative size of the income and substitution effects shown on your model. What can be inferred about Jordan’s preferences for free time and consumption from this comparison? Q6 Explain the economic link between opportunity cost and a decrease in wages. How might this have impacted Jordan’s utility maximising choice?

INDEPENDENT SAMPLES T-TEST #1

When people think about legendary basketball franchises, they often think about the New York Knicks. (Well, kind of.) When people think about terrible basketball teams, they often think about the Sacramento Kings. Guess what? When you look at their recent history, neither team has been particularly great. Here are the number of games that each team has won during the last five seasons.

Sacramento New York

2014-2015 29 17

2015-2016 33 32

2016-2017 32 31

2017-2018 27 29

2018-2019 39 17

Based on those six seasons, is there a significant difference between the Kings and the Knicks in terms of how many games they won per season?

Here are the formulas: df =

Do an independent-samples t-test. (NOTE: You may use Excel or Google to get the standard deviations, but remember that the variance requires you to square the standard deviation.) Make sure you include the following in your answer:

A) What is the null hypothesis? What is the alternative hypothesis? (0.5 points)

B) Show all work for how you got your t-statistic. I will allow you to use Excel or Google to calculate the means and variances! Please do not make your life harder than it has to be! The numbers will get large, but you can round liberally. (3.5 points)

C) What is your critical value (and why), and explain to me why you kept or rejected the null. (1 point)

Access the following information. You may read the PDF online or download it.

American Nurses Association. (2014). Fast facts: The nursing workforce 2014: Growth, salaries, education, demographics & trends. ANA. https://www.nursingworld.org/globalassets/practiceandpolicy/workforce/fastfacts_nsgjobgrowth-salaries_updated8-25-15.pdf

Review the secondary data presented in the ANA Fast Facts and describe what the results say about this sample of the nursing workforce.
Describe the purpose and the intent of the ANA sharing these results?

The next process for our study is to collect data. The research design will indicate the best data to be collected. The tools that we use to collect data need to be reliable and valid. Define these terms with respect to research, and explain why they are important.
Consider data collection and measurement methods for your nursing clinical issue. Explain how you would collect data and what measurement methods you would use.

explain why economic investment in capital represents a trade-off between present and future consumption in detail?

List and explain in short detail three different motivation strategies that come from effective management practices.

Discuss in detail the methods available to Oligopoly firm to explain its price and quantity position in the short run.

How can DAMPs and PAMPs both lead to a similar immune response? Explain in detail at the molecular level.

Quesiont is

'Explain Luder's band in detail. Make reference to the yield point, dislocation motion and solute atoms'