Express the fiscal and monetary policies as well as their combined use in the IS/LM model. While observing "The US recession of 2001", think through the effectiveness of the policy mix adopted to aid recovery. Then consider the recession that the US is currently experiencing: argue on the basis of your understanding of IS/LM and the current US macroeconomics trajectory for a specific fiscal and monetary policy response.

What is health care policy? How do policies arise and what are two ways that policies can be used as tools to affect the delivery of health care services in the US? Choose two continuing challenges in the field of US health care service provision, describe them and why they will continue to be challenges in the era of health care reform in the US.

The Trump Administration has been pursuing an aggressive strategy in terms of trade relations with other countries. The Administration has taken active steps against China and other countries including the EU and NAFTA members, Mexico and Canada. The main arguments have been unfair trade practices against the US, violation of intellectual property rights of US companies and the national security.

What do you think about the tariffs that US imposed on China and other countries? Are they good or bad?

What will be the impact of these tariffs on the US in terms of economy, jobs, or any other aspects?

Complete August Journal Entries:

August 5: Paid employee for period ending 7/31.

August 8: Receive payments from customers towards accounts receivable in amount of $3,800.

August 10: Paid July telephone bill.

August 15: Purchase additional baking supplies in amount of $5,000 from vendor, on account.

August 15: Accrue wages earned for employee from period of 1st through 15th of August (Wage calculations table provided below).

August 15: Pay rent on bakery space.

August 18: Receive payments from customers towards accounts receivable in amount of $3,000.

August 20: Paid $8,500 toward baking supplies vendor payable.

August 20: Pay employee for period ending 8/15.

August 22: $300 in office supplies purchased.

August 31: Received telephone bill for August in amount of $75. Payment is due on September 10.

August 31: Accrue wages earned for employee for period of August 16th through August 31st (Wage calculations table provided below).

August 31: August bakery sales total $20,000. $7,500 of this total is on accounts receivable.

Wage calculation data:

31 Jul. Hours:10 Rate:12 Pay:120

15 Aug. Hours:40 Rate:12 Pay:480

31 Aug. Hours:35 Rate:12 Pay:420

15 Sep. Hours:38 Rate:12 Pay:456

30 Sep. Hours:40 Rate:12 Pay:480

Henry invests $50,000 in an entity called Forward Investments on January 20, 2018. Under the terms of the investment agreement, the $50,000 is considered a loan that Forward will use to invest in derivative contracts. Henry is to receive 2% of the amount Forward earns each month from his investment plus 10% simple interest on funds left invested for a full year. Henry can withdraw part or all of his investment at any time on 10 days' notice to Forward.
During 2018, Henry receives quarterly statements of earnings on his investment in Forward. As of December 31, 2018, the statements indicate that Henry has earned $9,600. In January 2019, Henry hears a rumor that Forward Investments is not a legitimate investment broker. On January 26, 2019, Henry withdraws his investment, receiving $60,050 (the $50,000 original investment plus $10,050 in earnings). In late February, he learns that Forward Investments is a pyramid scheme through which early investors were paid earnings out of capital contributions by later investors. The U.S. Securities and Exchange Commission files suit against Forward in March 2019.
Henry wants to know the taxability of the amounts he received from Forward. He thinks that he never really earned any income from his investment because he was paid out of later investors' capital contributions. Write Henry a letter explaining the income tax effects of the payments he received from Forward Investments.

In a memo

Please include these headings:

• Facts
• Issues
• Conclusions
• Reasoning

Step 2:

Complete the following transactions in the August Journal Entries tab in your workbook

August 5- paid employee for period ending 7/31

August 8-Receive payments from customers towards accounts receivable in amount of $3200.

August 10 – paid July telephone bill

August 15- Purchase additional baking supplies in amount of $5000 from vendor, on account.

August 15 – Accrue wages earned for employee from period of 1^st through 15^th of August

                     (Wage calculations table provided below)

August 15-Pay rent on bakery space $1500

August 18-Receive payments from customers towards accounts receivable in amount of $1000

August 20- paid $8500 toward baking supplies vendor payable

August 20- pay employee for period ending 8/15

August 22- $300 in misc. supplies purchased

August 31- received telephone bill for August in amount of $45. Payment is due on September 10^th.

August 31- Accrue wages earned for employee for period of August 16^th through August 31^st

                    (Wage calculations table provided below)

August bakery sales total $20,000. $7,500 of this total on accounts receivable.

Wage calculation data:

Norman Inc. wishes to accept a new project which has a NPV of US$98,000. A sum of US$10,000,000 will be needed to invest in it. The net earnings for the current year are US$1,000,000 and the accumulated retained earnings to date are US$7,000,000. The current amount of long term debt carried on Norman Inc.’s balance sheet is US$5,333,333.33. Norman Inc. wishes to finance the new investments in line with its existing capital structure.
i. Will Norman Inc. be in a position to pay any dividends this year if it follows the residual dividend approach? If yes, what will be the total amount of dividend paid?
ii. What will be the debt‐to‐equity ratio of the newly financed project?
iii. What would be the implications of Norman Inc.’s dividend payout decision?

1) Explain what the world bank and the IMF are and the goals of both?

2) What are a fixed exchange rate and a floating exchange rate?

3) If the US Federal Reserve Bank increases the money supply, what happens to the value of the US dollar and the exchange rate?

4) If the US government increases the deflect and the Federal Debt, what happens to the value of the US dollar?

5) When did the US go off of the Gold Standard?

6) Explain the Trilemma.

7) Assume that there is a fixed exchange rate is overvalued, what can the central bank do to defend the currency?

8) What is the difference between a spot and forward exchange rate?

9) What is the current value of the euro and yen exchange rate?

10) If the Euro depreciates relative to the dollar, are American goods more or less expensive? Why?

Pls Summaries the entire article below:

PROS AND CONS OF A SECOND JOB

There was a time when moonlighting—taking on work in addition to your full-time employment—was for under-employed workers and the severely cash-strapped.
Today, even working professionals can be cash-strapped, and people in all fields and income groups are supplementing their main income by moonlighting. For some, the second job isn’t just for the bucks but also for the skills and the sense of being a free agent.
And although extra part-time jobs used to be verboten, many supervisors are flexible about a team member who picks up a gig on the side.
Experts suggest weighing the pros and cons carefully before you take on a second job.

Pros

Money—That’s still the biggest reason people take on extra work. And with gas above US$4 a gallon—and rising healthcare premiums, and income freezes—extra income can be a lifeline.

Security—“Many professionals today are looking at second jobs as a fallback because they feel, correctly, that their main job is not completely safe,” according to John McKee, president and founder of BusinessSuccessCoach.net and author of “Career Wisdom.”

Freedom—A second job or career can bring psychological benefits, such as the feeling of not being shackled to one company, experts say.

New skills—If you’re thinking about switching careers but can’t take the plunge, taking a part-time job could be a way to test the waters or boost your entrepreneurial skills, McKee said.

Cons

Time—Do you really want to spend 10 or 20 hours a week on another job, not to mention the commute hassle and the disappointment of significant others who’d rather see more of you, not less?

Conflict of interest—Consulting for a direct (or even indirect) competitor can put you in a dicey situation, according to J Daniel Marr, managing director of the New Hampshire law firm Hamblett and Kerrigan.
“This is a big issue in software and industries where you use part of what you learned from your primary employer,” Marr tells Yahoo HotJobs.
“Employers insist they have rights to your intellectual property.”

Performance slippage—One reason many employers look askance at moonlighters is the fear that they’ll burn out. Some companies may demand your full time and attention, even off-hours.

Employer irritation—Even if the company allows moonlighting, supervisors might not like the idea. “Some will say angrily, ‘We’re paying this guy x dollars a year and it’s still not enough?’” Marr says.

Tips to make it work

If you are considering a second job, the experts add these three tips: Pick an unrelated field—You’ll reduce the risk of burnout and conflict of interest. A nurse who builds websites part-time, a marketing professional who teaches music, or an insurance adjuster who moonlights as a landscape architect would be safer bets.

Check with HR—Many companies have moonlighting policies. But even if they don’t, it’s wise to see if your second job might be a conflict, especially if you’re considering a professional part-time job or one that’s related to your full-time job, Marr says.

Consider why you’re doing it—“Supplementing income is fine, but it’s best if a second job is part of an overall life and career plan,” McKee says. “Otherwise you risk scattering your resources.”

4. Suppose that fixed cost for a firm in the automobile industry (start up costs of factories,

capital equipment, and so on) is $5 Billion and that the variable cost is $17,000 for each automobile produced. Because more firms increase competition in the market, the market price falls as more firms enter an automobile industry, or specifically, P = 17,000 + (150/n), where n represent the number of firms in the industry. Assume that the initial size of the automobile industry in the US and UK are 300 million and 533 million people respectively

a. Calculate the equilibrium number of firms in the US market and the European market in

Autarky.

b. What is the equilibrium price in each country?

c. Now suppose the US and Europe decide to trade, which adds the 533 million European demand to the US’ 300 million, how many firms will there be in Europe and the US combined? What is the new equilibrium quantity?

d. Why are prices different in the US in b and c above? Are consumers better or worse off? And why?