Draw and carefully describe a graph that utilizes the Aggregate Demand/Aggregate Supply model that would illustrate the current state of the aggregate economy in the United States as of July 2020. The Aggregate Demand/Aggregate Supply Model is first introduced in Chapter 11 (Links to an external site.) of your text and is further explicated in Chapters 12 and 13. Make sure that you explain your graph in your own words.
In: Economics
Consider the following scenario. Suppose that the free-trade price of a ton of steel is €500. Finland, a small country, imposes a €60-per-ton specific tariff on imported steel. With the tariff, Finland produces 300,000 tons of steel and consumes 600,000 tons of steel. As compared with free trade, steel production has risen by ½ while steel consumption fallen by 1/7.
(1) Draw a picture of Finland’s domestic market to illustrate this scenario. Please label all prices and quantities under free-trade and under the tariff.
(2). The tariff makes Finnish steel producers better off.
(3). The tariff makes Finnish steel consumers better off.
In: Economics
The prevalence of obesity remains high and affects Americans of all ages.
Review the following resource:
· United States Department of Health and Human Services (2017). 2020 Topics and objectives: Nutrition and weight status (Links to an external site.)Links to an external site.. Retrieved from: https://www.healthypeople.gov/2020/topics-objectives/topic/nutrition-and-weight-status
Initial Discussion Post:
· Identify two (2) contributing factors to childhood obesity.
· List three (3) ways the nurse could intervene to promote the nutrition and weight status objectives for Healthy People 2020.
· Discuss why these objectives are important for individuals or communities.
· Identify two (2) contributing factors to adult obesity.
Note: Please include reference
In: Nursing
In: Economics
Q1. Which of the following is directly included in the U.S. GDP for 2020?
i. 2020 Cadillac Escalade produced and sold as a new car in the United States in 2020
ii. tires produced in the United States, purchased by General Motors, and installed on a new Cadillac Escalade sold in 2020
iii. General Motors cars produced in Canada because General Motors is an American corporation.
Q2. As more women decide to work outside the home and therefore hire others to work around their home, GDP will increase by
a. only the value of the output produced by the newly working women.
b. only the value of the household work they are now hiring someone to perform.
c. the value of the output produced by the newly working women plus the value of any household work they are now hiring someone to perform.
d. the value of the output produced by the newly working women minus the value of the household work they were previously performing.
Q3. The base year is 2018. A country only produces Blu-ray players. The price of a Blu-ray player in 2018 was $100. The price of a Blu-ray player was $90 in 2019. The quantity of Blu-ray players produced in 2018 was 10,000 units and in 2019 was 10,500 units. Nominal GDP in 2018 was____, real GDP in 2018 was, nominal GDP in 2019 was _____and real GDP in 2019 equals_____.
Group of answer choices
a. $1,000,000; $1,000,000; $945,000; $1,050,000
b. $1,050,000; $1,000,000; $900,000; $945,000
c. $945,000; $900,000; $1,000,000; $1,050,000
d. $900,000; $945,000; $1,050,000; $1,000,000
In: Economics
In recent years, plant-based meats have grown in popularity in the United States. In early 2020, Gallup published the findings of a survey on plant-based meat consumption based on a random sample of American adults. The results are summarized by age group in the table below.
| Age Group | |||
| Tried Plant-based Meats | 18-34 | 35-54 | 55+ |
| Yes | 331 | 371 | 282 |
| No | 363 | 398 | 647 |
| Total | 694 | 769 | 929 |
Does this provide evidence that the proportion of American adults who have tried plant-based meats differs across age groups?
Q1
Which of the following inference procedures should be used here?
a.) z procedure for a proportion
b.) two sample t procedure for two means
c.) chi-square for two-way tables
d.) one sample or matched-pairs t procedure for a mean
e.) ANOVA for several means
Q2
(Please answer very detail and clear)
The test statistic and P-value for the corresponding hypothesis test are 72.97 and 1E-16. Assuming for now that the conditions are met, use this information to conclude in context. Be sure to be very specific.
[This question will be graded manually]
Q3
What are the conditions for this inference procedure?
a.) Normal data AND large enough expected counts.
b.) Independent random samples AND normal data AND large enough total sample size.
c.) One random sample AND normal data or large enough sample size.
d.) One random sample AND normal data AND large enough sample size.
e.) Independent random samples AND normal data or large enough total sample size AND similar sample standard deviations.
f.) Random selection without repeated measures AND large enough expected counts.
g.) Independent random samples AND normal data AND large enough total sample size AND similar sample standard deviations.
h.) One random sample AND large enough counts of successes and failures in the sample.
i.) Independent random samples AND normal data or large enough total sample size.
In: Statistics and Probability
I need recommendations, comments for project proposal of my MBA
Capstone project, is it right topic which i chose, description,
problem to be addressed? I begin my graduate capstone
project i need just opinion of experts if I am on the right way.
This was requirements from my professor:
Week 1: Project Proposal
Describe in 2-3 sentences (a short paragraph) the project proposal that contains the following:
1.Introduction and description of your selected business environment
2.Problem to be Addressed
And this is my answer:
The impact of health issues on the US economy
Introduction And Description Of Your Selected Business
Environment
The economy of the United States is mixed and highly developed. It
is currently considered the
largest economy in the world in terms of nominal GDP and net worth
and is also the second-
largest by purchasing power parity (PPP). The US economy has
improved tremendously in the
last ten years, with the unemployment rate shifting to its lowest
in 50 years, and this is attributed
to multi-sectoral factors that have an unmeasured and unregulated
influence on the economy.
Problem to be addressed
Health care issues such as the current global health pandemic are a
great threat to the economy of
the United States, where consumers and businesses have now
radically curtailed the operations
and changed their consumption habits leading to the closure of some
companies and sacking of
employees.
In: Operations Management
Suppose that with free trade, the cost to the United States of importing a shirt from Mexico is $15.00, and the cost of importing a shirt from China is $12.00. A shirt produced in the United States costs $20.00.
Suppose further that before NAFTA, the United States maintained a tariff of 80% against all shirt imports. Then, under NAFTA, all tariffs between Mexico and the United States are removed, while the tariff against imports from China remains in effect. Assume that the tariff does not affect the world price of shirts.
In the following table, indicate which country the United States imported shirts from before NAFTA. Then indicate which country the United States imported shirts from under NAFTA. Check all that apply. (Note: Leave the row blank if the United States doesn’t import from either country.)
|
Scenario |
United States Imports from . . . |
||
|---|---|---|---|
|
Mexico |
China |
||
| Before NAFTA | |||
| Under NAFTA | |||
In the following table, indicate whether each stakeholder gains, loses, or neither gains nor loses as a result of NAFTA.
|
Stakeholder |
Gains |
Loses |
Neither Gains nor Loses |
|
|---|---|---|---|---|
| Mexican producers | ||||
| Consumers in the United States | ||||
| U.S. government | ||||
| Chinese producers |
This is an example of trade creation/diversion resulting from a regional agreement.
In: Economics
In: Economics
1. Based on information from a variety of sources, out of all countries –
Saudi Arabia ranks 26th in healthcare while the United States ranks 31st
Saudi Arabia ranks 95th in the lack of civil unrest while the United States ranks 97th
Saudi Arabia ranks behind the United States in terms of education
Saudi Arabia has investment of 30.75% of GDP while the United States is 19.754%
All of this suggests that the standards of living in the United States and Saudi Arabia are very similar - using this, answer the question below.
Suppose a country with a low standard of living asks for your advice on whether it should try to emulate Saudi Arabia or the United States in pursuing its goal of increasing its standard of living. What would you advise?
In: Economics