(1) In each part, decide whether or not the described relation is an equivalence relation.

Explain your answers.

(a)

A

is the set of all residents of the United States. The relation

∼

on

A

given by:

x

∼

y

if

x, y

are in the same state at noon on November 3rd.

(b)

U

is the set of all undergraduates at the University of Oregon. The relation

∼

on

U

given by:

x

∼

y

if

x, y

are in a class together.

(c)

P

is the set of all people on Earth. The relation

∼

on

P

given by:

x

∼

y

if

x

and

y

have birthdays on the same day.

(d)

P

is the set of all people on Earth. The relation

∼

on

P

given by:

x

∼

y

if

x

and

y

have birthdays on the same day of June.

When China’s clothing industry expands, the increase in world supply lowers the world price of clothing.

a. Draw an appropriate diagram to analyze how this change in price affects consumer surplus, producer surplus, and total surplus in a nation that imports clothing, such as the United States.

b. Now draw an appropriate diagram to show how this change in price affects consumer surplus, producer surplus, and total surplus in a national that exports clothing, such as the Dominican Republic.

c. Compare your answers to parts (a) and (b). What are the similarities and what are the differences? Which country should be concerned about the expansion of the Chinese textile industry? Which country should be applauding it? Explain.

Low-dose computed tomography (LDCT) is recommended for adults age 55-80 who have a 30-pack year smoking history, and who currently smoke or who have quit in the past 15 years. A recent study of 100,400 adults found 1,395 adults who had positive results on a LDCT scan truly had lung cancer. Of the 500 lung cancer cases, 100 had negative results on a LDCT scan.

Describe the purpose of the USPSTF (United States Preventive Services Task Force)

Set up the contingency table.

Calculate the sensitivity and interpret.

Calculate the specificity and interpret.

Calculate the PV+ and interpret.

Calculate the PV- and interpret.

Macroeconomic Conditions and Company Performance: RE: Walmart, Neighborhood Market

a) Describe the trends of Net Profit And Total Revenue over the past three years. (Generally Macro efects of increased net profit and revenue)

b) Analyze the relationship between Net Profit And Total Revenue (performance variables) and Unemployment, Inflation, and Interest Rates (macroeconomic variables) for the past three years. Include Any relating graphs or suggested graphing methods** 

c) Assess how the current monetary policy and fiscal policy in the United States may impact Walmanr't Neighborhood Markets financial performance in the short term (six months to one year). Justify your response.

The following Spot exchange rates are available: ¥64.00/SF, SF60/$ and, ¥105.00/$. You have $100,000 available. Can you make money by triangular arbitrage, and if so, how much?US dollars are currently being quoted at a 60-day Spot rate of $6050/£.

US dollars are also being quoted at a Forward rate of $6015/£. Is the dollar at a Forward Premium or Forward Discount and by what annualized percentage?

The Spot Singapore dollar is quoted Bid S$1.7160/US$ and Ask S$1.7200/US$. What is the direct Bid and Ask quote in the United States to the nearest 4 decimal points?

please show and explain all work!

Healthcare stakeholders disagree about the impact of legal risks, medical malpractice claims, tort reform, and defensive medicine on the cost of care and the cost of health insurance in the United States, as well as the importance of such impact. How do legal risks, medical malpractice claims, tort reform, and defensive medicine impact the relationship between healthcare providers and patients? How should they impact the relationship? Make three suggestions to improve existing healthcare policy based on your analysis of impacts on the provider-patient relationship. 1. Your analysis of the issue or situation 2. Your assessment of the impact on key stakeholders 3. Your clear recommendations on a course of action or policy

It is time to provide some assessment and consultation on the issue of fiscal policy. Assume for a moment that you are an economic advisor to the President of the United States or to the local congresswoman or congressman.

What economic advise would you provide to them? Remember that you are not a politician, but simply an economist whose goal is to do right by the economy. Would you recommend that they embrace another fiscal stimulus and why yes or no?

Also, please support your decision with current economic data.

Some sites for you to explore while you justify this position are:

Bureau of Labor Statistics (Links to an external site.)

Bureau of Economic Analysis (Links to an external site.)

FRED Economic Data St. Luis FED

Japanese Case Study 1

This case study is a composite of actual situations. Marianne, who is American, and Ken Shimizu, who is Japanese, have worked in Tokyo for over 30 years as Methodist missionaries.

1. Identify some of the cultural issues that may lead to conflict in this international family.

2. What are the family resources for this international family?

3. What factors within the Japanese health system may account for the late diagnosis of Ken’s glaucoma?

4. What practical issues might arise for the Shimizus if Mother Shimizu were placed in a long-term-care facility in the United States?

5. What dietary factors may contribute to Marianne’s hypertension?

Suppose we have another revolution, and I am named as the benevolent dictator of the new country (the US is now named the United States of the Chicago Cubs). Given this opportunity, I design a new economic system in which I own all physical and intellectual property, everyone else (citizens, permanent residents, and even temporary visitors) is provided a universal basic income of $40,000 per year, and I let people use my things (e.g., homes, cars, cell phones, etc.) if they ask nicely. Please evaluate the economic prospects of the new country based on potential GDP growth, incentives for capital investments, and equality of income distribution

2. “The annual report is considered by some to be the single most important printed document that companies produce. In recent years, annual reports (10-K) have become large documents, time consuming and costly to produce…..”. (IMA/CMA)

Required: (20%)

a.) Identify and discuss the basic factors of communications that must be considered in the presentation of this information.

b.) Discuss the communication problems a company faces in preparing the annual report due to the diversity of the uses being addressed.

c.) Identify ways that the SEC uses to protect investors and maintain efficient stock markets in the United States.

d.) Would you encourage producing information if its expected costs exceeded benefits.