...Economic Advisement Paper: Option 1 ECO/372 September 15, 2014 The United States economy is currently recovering from a recession that occurred in 2007. While this society is on a steady incline to forget what happened, it was a traumatic time for many Americans. As economic advisors, it is critical to evaluate factors such as unemployment, expectations, consumer income, and interest rates. By analyzing these elements, we are able to determine how each affects aggregate supply and demand. We also developed a set of recommendations for the U.S. president regarding government spending and taxes based on the economic factors’ current state. This will help to better understand all concerns and improvements that should be considered. Unemployment is a key issue many in the US wants confronted. Although the unemployment rate has lowered recently, as of August 2014, it stands at 6.1 percent, a decrease of .5 percent from January 2014 (“United States Department of Labor,” 2014). Records show that each year, since 2009, when the average unemployment rate was 9.2, it has steadily decreased, where at the end of 2013, the average unemployment rate for the year was 7.3, (“United States Department of Labor,” 2014). The reason these numbers are important is because unemployment is directly linked to the state of the economy and aggregates supply and demand. When people are unemployed, they have less money to spend and will most likely hoard their money instead of spending it on...
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...Economic Advisement Paper Team C ECO/372 September 9, 2013 Robert Freita Jr. Economic Advisement Paper The total value of the services and goods that are produced in a country, also the value of goods imported that decrease value of exports is Aggregate supply. Aggregate demand is the sum of all demand in an economy, and will be calculated investment, services and not exports. In this paper team C will discuss the economic recovery from the prospective of Unemployment, Consumer income, Interest rates, and Expectations respectively of the U.S. This information will be summarized and recommendations made to the president regarding government spending and taxes based on the aforementioned economic factors. Unemployment The easiest way to understand how aggregate supply and demand affect unemployment is to think about unemployment in its simplest form. The rise and fall of the nation’s unemployment rate is at best a simple matter of supply and demand. The numbers of people who want jobs at necessary wages (labor supply) exceeds the number of people firms are willing to hire (labor demand) (Beggs, 2012). The most fundamental of economic model suggest that when supply exceeds demand the price in that market will fall; in the labor market this means that wages fall. It stands to reason that falling wages should encourage employers to hire more workers. Moreover, if wage fall firms production cost will decline this will induce competitive firms to reduce their price...
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...Economic Advisement paper Christopher Nieto, Veronica Rodriguez, Reynaldo Morales, Vanessa Monge 9/9/2013 ECO372 Mr. Frank Vigil Economic Advisement Paper There are different schools of thought about how the economy arrived at its current state. Conversely, there are different schools of thought on how to restore the economy. There are some who would advocate that going back to the same economic policies that created the currents conditions of the economy. In the following paragraph of this paper team B will discuss the current state of the United States economic recovery from the prospective of Unemployment, Consumer income, Interest rates, and Expectations respectively. This information will be summarized and recommendations made to the president regarding government spending and taxes based on the aforementioned economic factors. Unemployment Unemployment is affected by multiple economic factors. A recently suggested factor is consumer and private sector uncertainty. This uncertainty is created by the lack of confidence in the current state of the economy and its recovery. This has forced consumers and the private sector to reduce spending and cut cost, thus driving unemployment. Recent studies have demonstrated that uncertainty has been harming current economic activity. Consumer uncertainty is driving the decline in aggregate demand which forces the reduction in supply. When supply decreases, businesses respond by reducing spending and cutting back cost forcing...
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...Select and complete one of the following assignments: Option 1: Economic Advisement Paper Imagine that your Learning Team is a group of economic advisors working for the U.S. president. You have been tasked with evaluating the current state of the U.S. economy and making recommendations on how to improve it. Part 1 Analysis and Recommendations: Describe the current state of the following economic factors and analyze how each affects aggregate supply and demand: • Unemployment • Expectations • Consumer income • Interest rates Develop a set of recommendations for the president regarding government spending and taxes based on the economic factors' current state. Part 2 Evaluation of Recommendations: Before you submit your recommendations to the president, decide as a team to evaluate the recommendations from different perspectives. Assign half of your team to evaluate the recommendations from a Keynesian perspective and the other half from the Classical perspective. Based on these evaluations, what adjustments will you make to your recommendations, if any? Write a 1,050- to 1,400-word report that summarizes the recommendations. Option 2: Economic Critique Imagine that your Learning Team is a group of international reporters. You have been tasked with describing and critiquing the current state of the U.S. economy. Describe the current state of the following economic factors: • Unemployment • Expectations • Consumer Income ...
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...Economic Advisement Paper Option 1: Economic Advisement Paper With a nominal GDP estimated at more than 15 trillion it is clearly the United States economy is one of the largest in the world. A person must have lived in a cave underground for the past several years not to know that the current state of the nation’s economy is in desperate need of improvement. There are different schools of thought about how the economy arrived at its current state. Conversely, there are different schools of thought on how to restore the economy. There are some who would advocate that going back to the same economic policies that created the currents conditions of the economy. Their philosophy is that if we stay the current course the economy would somehow miraculously recover itself over a period of an unknown amount of time. These same individuals believe that people are better off left to fend for themselves in this economy. On the other hand there are others that believe government intervention is the key to a faster economic recovery. In the following paragraph of this paper team C will discuss the current state of the United States economic recovery from the prospective of Unemployment, Consumer income, Interest rates, and Expectations respectively. This information will be summarized and recommendations made to the president regarding government spending and taxes based on the aforementioned economic factors. Aggregate supply and demand looks at the economy as a whole. Aggregate...
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...Chapter II Review of Related Literature This chapter contains foreign and local literatures that are related to this research paper. The purpose of these written works is to give more knowledge and information to the readers of this research paper related to poor academic performance. Foreign Related Literature College education is a stepping stone for someone’s future. A person’s academic performance reflects to his grades and it is a big factor that employers look for in finding for their employees. Employees are the core element of a business organization because the productivity of a business depends on the employee’s performance that is why employers are strict when it comes to employment. Not all college students are performing well academically and it is caused by different factors and these factors vary from what the students are experiencing while they are in college. One factor that we can consider is the media consumption like TV viewing and surfing of the internet but video game playing may have replace TV viewing as the most frequent form of media usage most likely for the male students according to Burgess (2012). Frequent players of video game usually ends up forgetting their home works or not reviewing for their exams but they may be using this as a reason to avoid doing these things and that causes their poor performance academically. Romantic breakup of a student can also be a cause of academic performance being poor. According to Field (2013) students...
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...Emergency Medical Technician Admission & Application for Programs Application Deadlines EMT: •Fall Semester: The third Monday in May •Spring Semester: The last Monday in November •Summer Semester: The second Friday in March For more information IRSC Information Call Center 1-866-792-4772 www.irsc.edu 15-5327 IRSC OVERVIEW INDIAN RIVER STATE COLLEGE is a public, comprehensive college, ranked as one of the best in the nation for its commitment to student success. The College is a national Top Ten Finalist for the prestigious Aspen Prize and ranked as the 9th top public regional college in the South by U.S. News and World Report. Over 30,000 people enroll in IRSC courses each year, attracted by its quality, convenience and affordable tuition. IRSC was designated as the 4th Most Affordable College in the country by the U.S. Department of Education two years in a row, and IRSC students benefit from many scholarship and financial aid opportunities. Every aspect of IRSC is focused on helping students succeed with small classes, an array of student support services, convenient campuses, and online courses. IRSC has been selected as an Achieving the DreamTM college and recognized for its support of students from enrollment to employment. IRSC offers over 150 programs, including Bachelor’s degrees, Associate in Arts degrees for continuing education at IRSC or a university, Associate in Science...
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...Business your first priority is to learn; if you have learned in this course a passing grade naturally follows … Course Description Provides an introduction to international banking, financial markets, global government, and private financial institutions. Covers the financial functions that multinational corporations, government agencies, and other organizations use in their funding and investment activities. Course Goals At the successful conclusion of this course, students will be able to: * Understand International Financial Markets and Flow of Funds * Explain changes in Foreign Currency and Exchange Rate Fluctuations * Analyze Variability of Currency and Long Term Capital Budgeting * Manage Economic Exposure and Translation Exposure * Discuss Country Risk Analysis Required Resources Required Textbook: Madura, J. (2012) International Financial Management,11th Ed. Cengage. ISBN 9780538482967 Compliance with Federal Law: For information on the authors, titles, retail prices, ISBN numbers and other details regarding the textbooks, please visit the college website at http://bookstore.berkeleycollege.edu. Participation And Tardiness Berkeley College requires instructors to take attendance. Students are expected to attend and participate in all of the classes. Regular attendance and participation in the discussions are very important. The...
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...International & Exchange Student Center STEP 2a: International Student (F1) Mandatory Immigration Advisement Session Spring 2015 Functions of the International & Exchange Student Center (IESC) Who are we and what do we do? IESC provides the following services to all international (F1) students once they have been formally admitted to the university: 1) Ensure that students comply with the laws and regulations of the U.S. Citizenship and Immigration Services (USCIS); 2) Refer students to the appropriate department for academic advising in their major field of study; 3) Advise students with personal or academic related problems; IESC FUNCTIONS (con’t) In addition to providing immigration advisement services, the IESC also coordinates cultural and social events so that international students can share their national heritage with the campus educational community. A New Student Orientation Program is provided before the semester begins to assist international students in adjusting to the campus environment and American customs. CONTACT INFORMATION Address: 18111 Nordhoff Street Northridge, CA 91330-8445 Telephone: (818) 677-3053 Fax: (818) 677-4191 Website: Location: www.csun.edu/international University Student Union (USU), Building C Click here for a campus map. HOURS OF OPERATION Office Hours Monday-Friday, 8:00am-5:00pm (Students may pick-up and drop-off documents during these hours. Please call ahead to check on the status of your...
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...CEO's Position Christine M. Thomas ACC/260 5/18/2014 Donna Adams CEO's Position The Kardell Paper Company has been presented with a situation to be taken under advisement. It has been brought to my attention by Mr. Green and a report he has prepared regarding their testing of the water quality of the Cherokee River in and around the plant. The tests have shown high readings of the industrial chemical Sonox near the plant’s discharge pipe and small trace amounts of the chemical farther away and on the opposite side of the shore from the plant. In recent years Kardell has begun using this chemical in the manufacturing of a line of bleached Kraft paper (Brooks, 2007). Along with Mr. Green’s report and impact statement from parties concerned; Kardell Employees Union Representives, Kardell Investors, City of Riverside and its citizens, and Kardell’s Legal Counsel. I will be analizing each groups concerns and present my final decision. The impact statement from the Kardell Employee Union Representatives bring the following concerns; the plant’s part in the discharge of the chemical Sonox into the river water, is Kardell complying with all government environmental regulations, worries with regards to the rising health conditions in the community with possible connections to Sonox, feel further testing on the effects of Sonox, possible alternatives to the retro fit proposal to prevent layoffs that would have a devastating impact on the communities economy. Our employees...
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...Pay for Performance Suley Cruz HCS/531 May 25, 2015 Sarah Dunn Pay for Performance Financing is a critical factor in health care delivery. The way health care is financed impacts it’s delivery. The continual increase of health care cost caused health care reform initiatives to control cost to focus on reimbursement models. Pay For Performance (P4P) is an increasingly popular initiative. The use of pay for performance has effects on the cost, quality, and efficiency of health care. This paper will discuss the effects the use of pay for performance has on patients, provider, and the evolution of health care delivery. Pay for Performance Pay for Performance plans were developed in the early 2000’s as a way to control costs. “Pay-for-Performance is a reimbursement plan that links payment to quality and efficiency as an incentive to improve the quality of health care and to reduce costs” (Shi & Singh, 2012, p. 586). Pay for performance is based on the belief that payment incentives will drive providers to deliver better care which will lead to disease prevention or early diagnosis. Pay for performance incentives give providers bonuses for meeting pre determined quality measures. The main quality measures used in P4P are patient experience, process, outcomes, and structure. Defining Pay for Performance Measures Patient experience refers to patients' assessment and satisfaction with the quality of care received, for example, wait time, communication and cleanliness...
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...Pay for Performance Suley Cruz HCS/531 May 25, 2015 Sarah Dunn Pay for Performance Financing is a critical factor in health care delivery. The way health care is financed impacts it’s delivery. The continual increase of health care cost caused health care reform initiatives to control cost to focus on reimbursement models. Pay For Performance (P4P) is an increasingly popular initiative. The use of pay for performance has effects on the cost, quality, and efficiency of health care. This paper will discuss the effects the use of pay for performance has on patients, provider, and the evolution of health care delivery. Pay for Performance Pay for Performance plans were developed in the early 2000’s as a way to control costs. “Pay-for-Performance is a reimbursement plan that links payment to quality and efficiency as an incentive to improve the quality of health care and to reduce costs” (Shi & Singh, 2012, p. 586). Pay for performance is based on the belief that payment incentives will drive providers to deliver better care which will lead to disease prevention or early diagnosis. Pay for performance incentives give providers bonuses for meeting pre determined quality measures. The main quality measures used in P4P are patient experience, process, outcomes, and structure. Defining Pay for Performance Measures Patient experience refers to patients' assessment and satisfaction with the quality of care received, for example, wait time, communication and cleanliness of provider’s...
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...macroeconomics. Students learn practical applications for macroeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. Course Materials Colander, D. C. (2010). Macroeconomics (8th ed.). Boston, MA: McGraw-Hill/Irwin. All electronic materials are available on the student website. Week One: Fundamentals of Macroeconomics | | Details | Due | Points | Objectives | 1.1 Explain the economic interaction of resources among households, government, and business. 1.2 Describe gross domestic product, inflation rate, unemployment rate, and interest rate. 1.3 Identify sources of historical economic data and economic forecasts. | | | Reading | Read Ch. 1 of Macroeconomics. | | | Reading | Read Ch. 2 of Macroeconomics. | | | Reading | Read Ch. 6 of Macroeconomics. | | ...
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...Question $20.00Assume you have been hired as a managing consultant by a company to offer some advice that will help it make a decision * From Economics: General-Economics * Closed, but you can still post tutorials * Due on Jul. 18, 2012 * Asked on Jul. 15, 2012 at 10:26:38AM Asked by : jboogie01 Rating :No Rating Questions Asked: 4 Tutorials Posted: 0 Message Me Q: I need help with this paper ECO 550 Attachments: Assignment 1.docx (15K) Tutorial $40.00 Your ECO 550 Assignment has arrived (Original Work) * This tutorial was purchased 1 time and rated No Rating by students like you. * Posted on Jul 15, 2012 at 2:54:56PM Posted by : dakannibal Rating (114):B Questions Asked: 0 Tutorials Posted: 1150, Blog Posts: 7, Earned: $6,367.87 Message Me A: Assume you have been hired as a managing consultant by a company to offer some advice that will help it make a decison as to whether it should shout down completely or continue its operations. It currently uses 100 workers to produce 6,000 units of output per month working 20 hours per month. The daily wage per worker is $70, and the price of the firm's output is $32. The cost of other variable inputs is $2,000 per day. You are told that the firm's fixed cost is "high enough" so that the firm's total cost exceed its total revenue. The marginal cost of the last unit is $30. As the newly hired managing consultant of a 'firm' employer, the aim of focus will point towards...
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...Farooq A. Khan COURSE LOCATION, DAY AND TIME: Gardena Learning Center, Tuesday @ 6PM REQUIRED READING: Students are required to read all materials available at the Course Materials site for this course on https://ecampus.phoenix.edu/portal/portal/public/login.aspx | Course Syllabus School of Business ECO/372 Version 4 Principles of Macroeconomics | Copyright © 2012, 2008, 2007, 2006 by University of Phoenix. All rights reserved. Course Description This course provides students with the basic theories, concepts, terminology, and uses of macroeconomics. Students learn practical applications for macroeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the...
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