The Meals for the Homeless is a private, not-for-profit organization that provides free meals for the destitute in a large city. The following transactions took place in the accounts of Meals for the Homeless during 2020.

1.         Restricted Cash gifts of $80,000 that were received last year (in cash)         were spent on food (this year) in 2020.

2.         Unrestricted Cash of $200,000 was received as a donation in 2020.

Additional Information: The January 1, 2020 balances from the Statement of Financial Position (balance sheet) were as follows:

a)         Cash $700,000 (debit)

b)         Net Assets Unrestricted By Donor $500,000 (credit)

c)         Net Assets Restricted By Donor $200,000 (credit)

Required:

A)        Record the two transactions above in journal entry form.

B)        Prepare a Statement of Activities for the year 2020.

C)        Prepare a Statement of Changes in Net Assets for 2020.

D)        Prepare a Statement of Financial Position (balance sheet) as of December 31, 2020.

Wall Street traders use cause-and-effect relationships to profit from news announcements concerning important economic variables such as the money supply. Economists called "Monetarists" have long argued that the primary long-run cause of inflation is excessive growth in the money stock. On the basis of this theory, Wall Street traders attempt to buy and sell stocks and bonds hoping to be the first to capitalize on news of changes in the money stock.

To assess the evidence of this proposition, we gathered monthly data over the period 1980 through 1990 on the M1 money stock and the consumer price index for the United States. We transformed the data using a logarithmic transformation and estimated the following linear regression model:

%∆ CPI = a + b %∆ Money Stock + e.

Results using OLS on a sample of size 132 are provided below.

What is the relationship between money stock and cpi? Interpret the coefficient for the money stock. Also, what does the constant indicate ?.

Economics studies how society allocates its scarce productive resources (land, labor, capital, and entrepreneurial talent). Prior to beginning work on this discussion, read Chapter 2 in the course text, especially examining Sections 2.2 through 2.4, and respond to the following components:

• Briefly describe the types of economic systems. What is the United States’ economic system and what are the characteristics of this economy?
• What economic role or functions does the U.S. government conduct regularly?
• Why is the U.S. government’s economic role important or unimportant for the U.S. economy? Discuss whether you favor a larger or smaller government role in the economy.

Your initial post should be a minimum of 300 words.

Guided Response: Respond substantively (a minimum of 100 words) to at least two of your classmates’ posts. What is different or similar between your post and your classmates’ posts? What advice could you offer your classmates? Substantive responses use theory, research, and experience or examples to support ideas and advance the class knowledge on the discussion topic.

1. The cash payment by a consumer or employer to an insurance company is called:

A) A co-payment

B)  A deductible

C) A limit

D) A premium

2. The largest health insurance program in the United States is:

A) Blue Cross-Blue Shield

B) Veterans Affairs

C) Medicare

D) Medicaid

3. The part of Medicare that helps pay for ambulance services is:

A) Part A

B) Part B

C) Part C

D) Part D

4. True or False? An economic unit refers only to individuals.

5. True or False? Both wages and noncash benefits are subject to income tax.

6. True or False? Cost-of-illness results should be used as the sole source for policy recommendations.

7. True or False? Medicare consists of five parts.

8. True or False? Part A is largely financed by a federal payroll tax paid by employers and employees.

9. True or False? Profiling involves collecting comparative data on the treatment patterns of providers.

10. True or False? Vertical integration refers to joining together of buyers and sellers.

Directions: For each question, you need to show each step of the hypothesis test, state your null and alternate hypothesis, identify if you are conducting a two-tailed or a one-tailed hypothesis test, identify the Zcrit and Zobt, graph the normal curve, label the critical value and the test statistic, shade the rejection region, tell whether we reject or retain the null and make a conclusion statement. You also need to calculate Cohen’s d, the probability of committing a type I error and type II error, and the strength of the effect size.

2. The national recidivism rate in the United States at three-years post-release is 67 with a standard deviation of 8. The warden at a local prison introduced a new reentry program aimed at reducing the rate that offenders return to prison. To test whether this new program is effective at reducing the recidivism rate of offenders at this local prison he selects 16 offenders to include in the sample and finds that the sample mean is 64. Use a nondirectional one-sample z test to test to determine the new program has an effect on recidivism.

Directions: For each question, you need to show each step of the hypothesis test, state your null and alternate hypothesis, identify if you are conducting a two-tailed or a one-tailed hypothesis test, identify the Zcrit and Zobt, graph the normal curve, label the critical value and the test statistic, shade the rejection region, tell whether we reject or retain the null and make a conclusion statement. You also need to calculate Cohen’s d, the probability of committing a type I error and type II error, and the strength of the effect size.

2. The national recidivism rate in the United States at three-years post-release is 67 with a standard deviation of 8. The warden at a local prison introduced a new reentry program aimed at reducing the rate that offenders return to prison. To test whether this new program is effective at reducing the recidivism rate of offenders at this local prison he selects 16 offenders to include in the sample and finds that the sample mean is 64. Use a nondirectional one-sample z test to test to determine the new program has an effect on recidivism.

Alternative-Fueled Vehicles The table shows the numbers (in thousands) of alternative-fueled

vehicles A in use in the United States from 1995 to 2011. (Source: U.S. Energy Information Administration)

(a) Use a graphing utility to plot the data. Let t represent the year, with t = 5 corresponding to 1995. (b) A model for the data is

4615.36t − 8726.7

1 + 15.01t − 0.542t2, 5 ≤ t ≤ 21

where t = 5 corresponds to 1995. Use the model to estimate the numbers of alternative-fueled vehicles in 1996, 2006, and 2011. How do your answers compare to the original data?

(f ) Use the model to predict the numbers of alternative-fueled vehicles in 2016 and 2017

* Need help to understand F . Should I be using a particular formula

After studying different national health care systems and their different approaches to achieving the same basic societal goals: health, wealth, and equity, answer the following question. Unfortunately, moving closer to one of these goals means moving further away from another…in other words society faces trade-offs. Every health care system must also deal with a common set of problems, or “pathogens” in the language of the text. The four pathogens of health policy are: moral hazard, adverse selection, health disparities, and monopolistic suppliers (markets that aren’t very competitive).

a. Compare and contrast the approaches of Beveridge and Bismark countries to the United States. In particular, how does each type of system attempt to achieve the three basic policy goals above? How are the four pathogens addressed in each of these types of systems? What trade-offs do each system make, either implicitly or explicitly? What is your assessment of how well specific countries are organizing and operating their health care systems? Specific examples from specific countries are going to be necessary