Congratulations! You have been appointed an economic policy advisor to the United States. You are told that the economy is significantly below its potential output and that the following will happen next year: World income will fall significantly due to the pandemic, and the price of oil will fall significantly due to lack of economic activities, as well as the availability of alternative and more sustainable energy sources (wind, solar, hydro, nuclear), and the U.S. is an oil exporter, along with shale and natural gas.

a) What kind of policies (under Fiscal policy) might you suggest to the government? Mention three.

b) Consider the economic principle held by Classical economists: The economy always returns to its potential in the long run. What are Keynes’s criticisms of this economic principle?

3. Jim is a 60-year-old male in reasonably good health. He wants to take out a $75,000 term (that is, straight death benefit) life insurance policy until he is 65. The policy will expire on his 65th birthday. The probability of death in a given year is provided by the Vital Statistics Section of the Statistical Abstract of the United States (116^th edition)

Jim is applying to Big Rock Insurance Company for his term insurance policy.

1. What is the probability that Jim will die in his 60th year? Using this probability and the $75,000 death benefit, what is the expected cost to Big Rock Insurance?

2. Repeat part (a) for years 61, 62, 63, and 64. What would be the total expected cost to Big Rock Insurance over the years 60 through 64?

3. If Big Rock Insurance wants to make a profit of $850 above the expected total cost paid out for Jim’s death, how much should it charge for the policy?

4. If Big Rock Insurance Company charges $6500 for the policy, how much profit does the company expect to make?

Discuss how you might use the sharpe ratio to analyze an investment manager? Are there any flaws to this metric? Are there other measures of skill?

Do you have anything of interest in the markets this week? any particular investments? I mention General Mill (GIS) and Jabil (JBL) which report this week?

Write an explanation to a new staff member in a local health department, one who did not have PHE 502 in her curriculum, of how person-years were obtained for each of the smoking groups. Mention what might be the advantages of using an incidence density versus cumulative incidence in your explanation.

Do you think the financial statements provides ALL the necessary information to external users to make better decision? Mention any information that should be known by external users and not included in the financial statements?

Q2: From a personal perspective, why do accountants have to divide the life of the entity into periods?

. The subject is: Balance Sheet. You need to present the definition, sections, simple-and classified format, related ratios, orders, and other concerns. You can add sample tables to visualize your thoughts. You should clearly mention what the importance of this financial statement as far as creditors and investors are concerned.

(1) Provide an overview of economic systems. Mention the names of some countries where specific economic systems have been adopted.

(2) Discuss the most essential characteristics of each economic system.

(3) For each of the economic systems, reflect on its advantages and disadvantages (with respect to other economic systems).

What kind of policies (under Fiscal policy) might you suggest to the government? Mention three. Consider the economic principle held by Classical economists: The economy always returns to its potential in the long run. What are Keynes’s criticisms of this economic principle?

300-400 word response please! thanks!

List the main members of the set of techniques known as the Seven Tools of Total Quality Management (TQM). Then, mention two out of this list which are considered key techniques for defining processes and identifying sources of variation. At which stage in a CQI project life-cycle are these two key techniques needed the most?