Questions
Habit 3: Put First Things First 1. What one thing could you do (that you aren’t...

  • Habit 3: Put First Things First

1. What one thing could you do (that you aren’t doing now),   that if you did on a regular basis, would make a tremendous in your life?

2. What one thing in your business or professional life would bring similar results?

In: Operations Management

Question 2. During the 1930’s, there were a number of (commercial) bank failures. Please answer all...

Question 2. During the 1930’s, there were a number of (commercial) bank failures. Please answer all of the following questions (a-f) a. What does it mean for a bank to fail (i.e. provide a definition for a bank failure). b. What actions do individuals take when banks begin to fail? c. What actions do commercial banks take when the rate of bank failures begins to rise? d. What effect did the actions of individuals (from part b) and banks (from part c) have on the money supply? Explain. e. The central bank advocated open market purchases. Would these purchases have reversed the change in the moneys supply? f. Describe the role of the central bank as “lender of last resort”. Question 3. Evaluate the following statement: “In the long run, an increase in the growth rate of the money supply leads to an increase in the real interest rate, but no change in the nominal rate.” (Tell me whether you think the statement is true or false, and then explain why in detail). Question 4. Please answer all three parts to this question. a. Write down the quantity equation, in both the level and the rates of change form. What do each of the terms represent? b. If the Bank of Canada wishes to maintain inflation at 2% per year, how can the bank use the quantity equation to achieve this goal? What assumption is made about the velocity of money? c. Does the Bank of Canada target the rate of growth of M1 (the money supply) or the inflation rate? Why? Question 5. Use this table to answer part (a) of question 5. Please answer both parts of this question which appear below the table. Table A Country Currency Currency per Canadian Dollar Canadian Price Index Country Price Index Bolivia Boliviano 8.00 100 700 Japan Yen 125.00 100 25,000 Morocco Dinar 10.00 100 1200 Norway Kroner 6.5 100 650 Thailand Baht 40.00 100 4000 a. Do all of the currency values in this table (Table A) satisfy the predictions of purchasing power parity? If not, which ones are over-valued, and which ones are under-valued? b. Do you think Purchasing Power Parity is a reasonable prediction for all goods? That is, when might PPP a good job of predicting prices, and what might prevent it from doing a good job of predicting prices. Question 6. In your own words, explain interest rate parity. Do we observe interest rate parity in the real-world data (e.g. between Canada and the United States)? Why or why not? Question 7. Use diagrams for the market for loanable funds and the market for foreign currency to describe what would happen to Net Capital Outflow, the Canadian Real Exchange Rate and Net Exports if the government budget deficit increases. Question 8. Explain how the relation between the real exchange rate and net exports explains the downward slope of the demand curve for foreign-currency exchange.

In: Economics

Posted Price by a Buyer: In this problem, everything is as in problem 3, except that the buyer is the one making an offer to the seller.

Posted Price by a Buyer: In this problem, everything is as in problem 3, except that the buyer is the one making an offer to the seller. To be clear, the Bayesian game now proceeds as follows: first, the

 buyer announces a price at which he will purchase the object from the seller and, second, the seller either accepts or rejects this offer. If the seller accepts the buyer's offer, the buyer pays the announced price to the seller and the seller transfers the object to the buyer. Otherwise, if the seller rejects the buyer's offer, no cash transfer or trade occurs, and both players get zero utility. As before, suppose that the seller's and buyer's types, t, and ts, respectively, are independently drawn from the uniform distribution on [0, 1]. Also, suppose that the buyer commits to his take-it-or-leave-it offer; that is, he does not make a new offer if the seller rejects his initial offer.

 a. What is the seller's type-t, best response? In other words, at what prices would the seller accept the buyer's offer and at what prices would the seller reject the buyer's offer. Assume that the seller acoepts the buyer's offer if the seller is indifferent between accepting and rejecting the buyer's offer.

 b. Suppose that the buyer offers to buy the object at price p.

 i. What is the buyer's utility assuming the seller acoepts his offer?

 ii. What is the probability that the seller accepts the buyer's offer?

 iii. What is the buyer's expected utility when offering to buy the object at price p?

 c. i. Based on your answer to part b.iii., what is the optimal offer price p*?

 ii. What is the buyer's expected utility when offering to buy the object at price p*?

 d. Based on your answer to part c.i., you should notice that certain types of sellers are completely "priced out", i.e. they will never accept the buyer's offer, regardless of the buyer's type. Identify this set of seller types.



In: Economics

Write a paper (minimum of one full page, typed, double-spaced, size 12 font, 1 inch margins)...

Write a paper (minimum of one full page, typed, double-spaced, size 12 font, 1 inch margins) on the following case study.

Mr. Jones, a newly diagnosed diabetic, has been a loyal patient of the ABC Physician Practice for many years. His blood sugar levels are very unstable so he is in the office today. His wife speaks with you privately to tell you he is not following his diet and refuses to exercise daily. She is concerned, but doesn’t want you to tell Dr. Foster because she knows her husband will be very angry with her. In a 1-page paper, describe how you would manage this situation.

Identify the key components of the situation presented in the case study, using logic and rationale to answer the question(s) presented.

Discuss the various forms of communication that you would have with the patient, his wife, the physician, and any other staff.

Be detailed in explaining how you would resolve this issue.

Are there any other considerations to think about with this scenario?

Refer to the rubric – Case Study Paper for grading details.

In: Nursing

Mrs. Williams is a 68 year-old wife and mother who has diabetes, hypertension and is suffering...

Mrs. Williams is a 68 year-old wife and mother who has diabetes, hypertension and is suffering from advanced Alzheimer’s disease. Her 70 year-old husband, a retired pastry chef, is her main caregiver. She has gradually lost weight, often refuses to eat and requires a great deal of assistance to move from bed to chair. Mr. Williams does have the assistance of his daughter, but she has a family with school age children who require her time as well. The physician has suggested that a feeding tube would be a consideration at this time. Mr. Williams is anxious and uncertain as to what to do.

1. If she didn't have Alzheimer's, could Mrs. Williams be experiencing a form of dementia or delirium? Please describe the difference between the two.


2. What additional data would you focus on obtaining when you are assigned this patient?

3. What legal and ethical issues do you need to consider in this situation and how would you be an advocate for the couple?

4. You're realizing a multi-discipline conference is necessary. Which disciplines would you invite to attend?

In: Nursing

1. The idea behind ________ is that how you think determines how you feel and act....

1. The idea behind ________ is that how you think determines how you feel and act.

a. behavior therapy

b. psychoanalytic therapy

c. cognitive therapy

d. humanistic therapy

2. When an individual has two or more diagnoses, which often includes a substance-related diagnosis and another psychiatric diagnosis, this is known as ________.

a. bipolar disorder

b. comorbidity

c. codependency

d. bi-morbid disorder

3. John was drug-free for almost six months. Then he started hanging out with his addict friends, and he has now started abusing drugs again. This is an example of ________.

a. relapse

b. reversion

c. re-addiction

d. release

4. _______ is a form of therapy in which two people in an intimate relationship, such as husband and wife, try to resolve difficulties in their relationship.

a. couples therapy

b. family therapy

c. play therapy

d. group therapy

5. Freud suggested that during this patient-therapist relationship, the patient comes to develop strong feelings for the therapist—maybe positive feelings, maybe negative feelings. Freud called this

a. counterconditioning

b. free association

c. resistance

d. transference

In: Psychology

A middle-age man presents to the emergency department (ED) with reports of chest pain and indigestion....

A middle-age man presents to the emergency department (ED) with reports of chest pain and indigestion. He reports some minor discomfort in his jaw. The patient is alert and oriented; BP 90/50; HR/80. You are the RN assigned to his care. There is an unlicensed assistive personnel (UAP) working with you.

1. Which assessment data will you perform on his arrival to the ED? Why?

2. The provider orders labs, 12-lead ECG, IV fluids, blood pressure checks, medication for chest pain, and oxygen at 2 L per nasal cannula. What part of the patient's care will you delegate to the UAP? Which information will you communicate on delegation?

3. Which interventions will you implement to ensure this patient's safety?

4. Which priority information will you document in the patient's electronic health record?

5. The patient's wife is very concerned about her husband returning to work as owner of a roofing company. What education will you provide the patient and his wife at this time? With which health care team members will you collaborate to ensure positive patient outcomes?

In: Nursing

In June of this year, Dr. and Mrs. Savage traveled to attend a three-day professional conference....

In June of this year, Dr. and Mrs. Savage traveled to attend a three-day professional conference. Dr. Savage, a self-employed practicing surgeon, participated in scheduled technical sessions dealing with the latest developments in surgical procedures. On two days, Mrs. Savage attended group meetings where various aspects of family tax planning were discussed. On the other day, she went sightseeing. Mrs. Savage does not work for her husband, but she prepares their tax returns and handles the family investments. Expenses incurred in connection with the conference are summarized below:

Airfare $3,600    (two tickets @ $1,800 each)
Lodging $435      (single and double occupancy are the same rate—$145 each day)
Meals $320 x 3 days     (Split equally)
Conference registration fee $740   (includes $120 for Family Tax Planning sessions)
Car rental $335
A) Do Mrs. Savage’s activities constitute a trade or business? If they do, how much can they deduct of these expenses?
B) How much, if any, of these expenses can the Dr. Savage deduct? Explain each amount. What is the total?

In: Accounting

The time married men with children spend on child care averages 6.0 hours per week (Time,...

The time married men with children spend on child care averages 6.0 hours per week (Time, March 12, 2012). You belong to a professional group on family practices that would like to do its own study to determine if the time married men in your area spend on child care per week differs from the reported mean of 6.0 hours per week. A sample of 40 married couples will be used with the data collected showing the hours per week the husband spends on child care. The sample data is contained in the Excel Online file below. Construct a spreadsheet to answer the following questions.

Calculate the value of the test statistic (to 2 decimals).

What is the -value (to 4 decimals)? Do not round intermediate calculations.

 
3.0
5.4
10.6
2.8
7.7
5.6
11.1
4.9
11.4
1.9
10.6
2.8
2.6
7.1
1.5
0.8
4.7
1.7
11.5
2.7
5.7
5.0
8.9
1.6
10.4
10.5
7.1
4.6
9.3
6.4
0.7
5.3
9.1
3.9
9.8
9.7
5.1
7.0
6.9
6.8

In: Statistics and Probability

a. Develop a null and alternative hypothesis for a test of whether or not the mean...

a. Develop a null and alternative hypothesis for a test of whether or not the mean of the data representing wives’ satisfaction scores

and husbands’ satisfaction scores are statistically different. Find descriptive statistics on the three relevant variables in the table.

Highlight the means, standard deviations, and observations.

TABLE C9-2: Wife and Husband Feedback Scores on 1-7 Scale + Same Day or Not
Appraisal Survey Wife's Score Husband's Score Same Day
1 4 5 Y
2 3 2 Y
3 1 5 N
4 7 3 N
5 4 3 Y
6 3 6 Y
7 5 3 Y
8 4 7 N
9 5 5 Y
10 1 4 N
11 7 7 Y
12 2 6 N
13 2 5 N
14 5 2 Y
15 3 4 Y
16 5 7 Y
17 3 4 Y
18 1 4 N
19 4 6 Y
20 7 7 Y

In: Statistics and Probability