consider the macroeconomic AD-AS model depicting an aggregate demand curve and a short-run aggregate supply curve. assume that changes in national output also represent changes in real GDP.
a. use the AD-AS model above to explain and illustrates the differences between demand-side measures and supply-side measures and give an example of each. you also need to mention which markets are embedded within each curve.
b. use the AD-AS model above to analyse and illustrate the short run impact of an increase in energy prices on GDP, inflation and employment. what type of inflation is this.
In: Economics
Careforall, The mayor of sickcity, claimed that his residents are very elastic and highly sensitive when the price of preventative care changes but not so sensitive when the price of inpatient care changes. To prove her point she referred back to the RAND studies. She claimed that the results of a replicated study in her town are shown below
Plan Average # of preventative care visits Average # of inpatient visits
Free 3.2 0.126
25% 2.54 0.122
50% 2.10 0.118
Find the price elasticity of demand for preventative care in Sickcity. round to 3 digits after the decimal
In: Economics
q18. select all that apply
Which of the following are characteristics of resources with inelastic demand?
|
Revenue moves in the opposite direction from price |
||
|
Revenue increases as the quantity supplied decreases |
||
|
Price times quantity, which measures the contribution to GDP, increases as the quantity produced decreases, even if this means that some people must reduce their consumption with terrible impacts on their health and welfare. |
||
|
Substitutes are readily available |
||
|
Price moves in the same direction as quantity |
||
|
Price and quantity are unrelated |
||
|
Small % changes in quantity lead to large % changes in price |
||
|
Prices tend to be stable |
||
|
Demand tends to be stable |
||
|
Demand is highly responsive to price |
In: Economics
The Strasburg Company’s stock currently trades at $90 per share. Below is their partial balance sheet: Common Stock (1,500,000 shares outstanding) 30,000,000 Retained Earnings 15,000,000 Total 45,000,000
a) The company is considering a 3 for 2 stock split. What will be the company’s stock price following the stock split? How many shares will be outstanding? Show any changes to the Balance sheet.
b) If instead, the company does a 7% stock dividend. What will be the company’s stock price following the stock dividend? How many shares will be outstanding? Show any changes to the Balance sheet.
In: Finance
Question 8
Which of the following statements is true?
SNPs do not account for any of the genetic variation in the human genome
SNPs are nucleotide polymorphisms that differ in a population
CNVs are not an important source in the variation of the human genome
All of the above statements are true
Question 9
Why are genetic changes that lead to a selective disadvantage usually lost?
Changes detrimental to survival can lead to fewer offspring and will not be passed on
Genetic repair mechanisms will erase the mistake
Organisms can control expression of deleterious genes to minimize impact
Sexual reproduction always purifies dangerous mutations
None of these are correct
In: Biology
The physician-to-population ratio technique compares the current (or preferred) ratio with the ratio likely to occur in a future period. What are some of the shortcomings of this ratio technique? (select all that apply)
a. The ratio technique fails to consider changes in demand for physician services
b. The ratio technique fails to consider changes in physician productivity
c. The ratio technique fails to include providers who offer services that are substitutes for physician services, including those provided by nurse practitioners and physician assistants.
d. The ratio technique fails to indicate the importance of a divergence in the two ratios being compared, such as the size of a shortage or surplus
In: Economics
Which of the following describes the condition known as runoff in the repricing model approach to measuring interest rate risk of an FI?
Select one:
a. The effect that a change in the spread between rates on RSAs and RSLs has on net interest income as interest rates change.
b. Mismatch of asset and liabilities within a maturity bucket.
c. The relations between changes in interest rates and changes in net interest income.
d. Those deposits that act as an FI's long-term sources of funds.
e. Periodic cash flow of interest and principal amortization payments on long-term assets that can be reinvested at market rates.
In: Finance
This question relates to standing waves.
A) Does a closed pipe have a higher or lower fundamental frequency than an open pipe of the same length?
B) If the length of an open tube is 0.8 m, experimentally find the: fundamental frequency and the frequencies of the third and fifth harmonic.
C) We have only addressed the variables of length, wave speed, harmonic number and frequency. These seem to be adequate to fully describe the frequency of a standing wave. But we know that when a musician tightens a guitar string, the frequency of the sound changes. Which of these independent variables changes value when a string is tightened?
In: Physics
MH, a 70-year-old woman with postoperative acute glaucoma, is prescribed one drop of latanoprost 0.005% ophthalmic solution each evening and one drop of timolol 0.25% ophthalmic solution each morning and evening.
After a few months on these medications, MH notices changes in the appearance of her eyes. Describe the changes that MH is likely experiencing, and explain which drug is responsible.
In: Nursing
Problem 2 [6pt] In early implementations of Fortran language, a compiler may choose to use static allocation (i.e., allocation in the static area) for local variables and parameters, effectively arranging for the variables of different invocations to share the same locations, and thereby avoiding any run-time overhead for creation and destruction of stack frames. However, such implementation changes the meaning of recursive function calls. Write down a simple example and explain how its meaning changes under the “Fortran” semantics as stated above, compared with standard semantics found in language like C, Python, Java
In: Computer Science