In this assignment you will apply your knowledge and understanding of the AD/AS model to a hypothetical scenario.

Write a response to the following scenario on a word file or equivalent and submit it as an 'upload file'. Please note you can only submit the following file types, doc, docx, pdf, txt, png, and jpeg. Graphs can be hand-drawn or computer graphics. Remember to correctly label all your graphs! For example, what the x and y axis represent.

The COVID-19 pandemic and the US-China trade tension have caused a significant decrease in China's demand for US exports.

1. Graphically show the likely short-run impact on US GDP and aggregate price levelusing the AD/AS model. Explain your prediction. HINT: Which curve in the AD/AS model would a change in US exports affect? [6 points = graph, 3 points explanation]

2. What is the anticipated result in US employment level? Explain [2 points]

3. What is the anticipated result in US inflation rate? Explain. [2 points]

4. The US-China trade tension was partly caused by the US imposing tariffs on Chinese imports. Do you agree with this economic policy? Explain your answer. [2 points]

5. With lockdowns during the pandemic, crude oil (a key input) price has fallen due to weak demand. How would the fall in oil price impact aggregate supply, real GDP and aggregate price level in the US? Show this in a AD/AS model and explain. [5 points = graph, 2 points = explanation]

Rubric

Q2: Suppose a US investor has $4000 to invest and can choose either a US investment paying 2% or a foreign investment paying 4%, where e is currently 1.14 and the investor can lock in e in one year equal to 1.16.

Q2a- How much will the US investment be worth after a year?

q2b- How much foreign currency can investor get now?

Q2c- How much foreign currency will investor get after a year?

Q2d-How much (in dollars) will the foreign investment be worth after a year?

Q2e-  Would investor prefer to invest?A- Domestic B- Foreign

Q3: Suppose a US investor has $8000 to invest and can choose either a US investment paying 3% or a foreign investment paying 4%, where e is currently 77 and the   investor can lock in e in one year equal to 78

Q3a- How much will the US investment be worth after a year?

Q3b- How much (in dollars) will the foreign investment be worth after a year?

Q3c- Would investor prefer to invest? domestic or foreign

Q4: Suppose a US investor has $12,000 to invest and can choose either a US investment paying 2% or a foreign investment paying 4%, where e is currently 12.

Q4a- How much will the US investment be worth after a year?

Q4b- What future e would leave the investor indifferent between investing at home or abroad?

An individual's demand for physician office visits in a given year is given by, Q = 10 - 0.04P, where Q is the number of office visits and P is the out-of-pocket price paid by the individual for each visit. Assume the market price of an office visit is $180.

a) Suppose the individual has insurance and pays only $40 a copayment for each visit. How many office visits will the individual make in one year?

b) What is the moral hazard and deadweight loss associated with having insurance?

Assume that the age at onset of a certain disease is distributed normally with a mean of 41 years and a variance of 240.25 years.

a) What is the probability that an individual afflicted with the disease developed it before age 38?
probability =

b) What is the probability that an individual afflicted with the disease developed it after age 49?
probability =

c) What is the probability that an individual afflicted with the disease developed it between ages 38 and 49?
probability =

Note: Do NOT input probability responses as percentages; e.g., do NOT input 0.9194 as 91.94.

what can we learn from Health Psychology and what it tells us about health-based behaviors? Choose some of the concepts that you feel are most compelling related to Health Psychology and discuss why you feel they are important and the role they play in the overall health of people. Your Discussion should be 3-4 paragraphs in length, detailing your thoughts and position using 2-3 readings references for support. Also be sure to pose 1-2 well thought out questions from which your colleagues can formulate a response or generate further discussion.

When making decisions, we may encounter some barriers that stop us from making rational decisions. However, it is important to make our decisions rationally.

(a) Discuss the five (5) barriers to rationality.

(b) Based on a decision you have made, explain how you can utilise the six (6) steps mentioned in unit 5 to make a decision rationally.

What can we learn from Health Psychology and what it tells us about health-based behaviors? Choose some of the concepts that you feel are most compelling related to Health Psychology and discuss why you feel they are important and the role they play in the overall health of people.

1. Dickerson, S. S., & Mycek, P. J. (2007). Health Psychology. In R. F. Baumeister & K. D. Vohs (Eds.), Encyclopedia of Social Psychology (Vol. 1, pp. 415-419). Thousand Oaks, CA: SAGE Publications. Retrieved from http://bit.ly/2lmdABW

2. Glasgow, R. E., Vogt, T. M., & Boles, S. M. (1999). Evaluating the public health impact of health promotion interventions: the RE-AIM framework. American journal of public health, 89(9), 1322-1327. http://www.ncbi.nlm.nih.gov/pubmed/10474547 Full PDF available here: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1508772/pdf/amjph00009-0018.pdf

The Earth's magnetic field protects us from cosmic rays, which are extremely-high-energy subatomic particles generated by esoteric processes in interesting parts of the universe. To get an idea of how this protection might happen, pretend the earth's magnetic field has a constant value of 5.0 x 10^-5 T (northward) from the ground up to a height of 50 km.

(a) Suppose a high-energy proton (charge +1.6 x 10^-19 C, mass 1.67 x 10^-27 kg) hits the top of the earths magnetic field at some high velocity, call it v, straight. On the diagram, sketch the path it would follow.

(b) For what initial speed v would the proton just make it to the earth's surface?

(c) When the proton from part (b) reaches the surface, what is its velocity (magnitude and direction)?

(d) Would protons moving faster than your answer to (b) reach the ground? Would slower ones hit the ground?

(e) What does happen to the protons that don't hit the ground?

A manufacturer of smartphones is interested in designing a new phone around the way a typical customer would use it. One of the most important characteristics for any smartphone is battery life since every activity on a smartphone draws power from the battery in some way. This is especially true for those who use their phones heavily for texting, social media, gaming, etc.

In a marketing research survey, the manufacturer asked a random sample of 25 smartphone owners who consider themselves "heavy users" to run an app on their phone that would record the time the phone is used for various activities (but, for privacy reasons, not record what that activity was).

The company decides to first examine the total minutes used in all activities. The sample mean number of minutes of total use from the 25 users was 122.5, with a standard deviation of 20.6 minutes. Find the upper bound of a 90% confidence interval for the true mean total time that smartphones are used by the population of "heavy users" to one decimal place. Take all calculations toward the answer to three (3) decimal places.

12/31/17 Co estimates 4% of its outstanding $300,000 in receivables will be uncollectable. ADA already has a credit balance of $1000.

1. Make the JE to record estimated uncollectable receivables.

2. On 1/31/18 $2000 of receivables is determined to be uncollectable. Make JE.

3. What is ADA balance 2/1/18?

4. What are net (or cash) receivables on 2/1/18?

5. Are the two net receivable figures, from both before and after 1/31 write off different in value? Why or why not?

6. On 2/3/18 Co learns the $2000 it had written off is now paid in full.

7. 2/15/18 Co sells $100,000 of receivables to Factor Co at a 5% service charge.

8. 3/3/18 Co sells $1000 of goods to customer who paid with Visa or Mastercard where the card company charges 5% fee.

1. Co accepts a $10,000 Note in settlement from a customer who already owes Co $10,000.

Please answer all parts thank you.