Why does freedman view of the demand for money suggest that the velocity is predictable whereas the Keynes view suggest the opposite…?
The following set of equations describe an economy:
C | = 14,000 + 0.6(Y – T) – 50,000r |
Ip | = 7,000 – 25,000r |
G | = 8,000 |
NX | = 2,000 |
T | = 8,200 |
Y* | =46,450 |
a. Find a numerical equation relating planned aggregate expenditure to output and to the real interest rate.
Instructions: Enter the value for mpc rounded to two decimal places.
PAE = (Click to select) + - r (Click to select) - + Y
b. At what value should the Fed set the real interest rate to eliminate any output gap? (Hint: Set output Y equal to the value of potential output given above in the equation you found in part a. Then solve for the real interest rate that also sets planned aggregate expenditure equal to potential output.)
Instructions: Enter your response as a whole number.
Real rate of interest: % NextVisit question mapQuestion
ask: Imagine you are graduate employee at “BOI” research and you have been allocated to a team asked to provide some current research on a client market of your choice. (This can be any major economy in the world for which you can access information for key economy variables) .The audience for the research and the executive summary is the manager of the regional “country” division you have chosen to study, and will be passed on to the client (large company operating in your country of choice) once reviewed by your manager.
The task is to apply the economic models covered in class to help the client understand the current economy in the country of choice and the likely implications of changing trade patterns, policy developments and political sentiment towards globalization. Your team are expected to conceptually modelling likely changes in key economic variables for that market and the implications of those changes on broader macroeconomic conditions. Your groups contribution is to present an application of the course theory for a chosen economy. Your assessment of the international macroeconomic conditions of your market will support the client by; -
Section A: Question 1-4, answer True, False or Uncertain. Briefly explain
your answer. (each question is worth 1.5 marks)
1. The lack of double coincidence of wants precludes people from using credit for transactions.
2. When the population is growing, fixing the price level is the optimal policy.
3. To finance the same amount of government purchases, using a lump-sum tax is better
than using the inflation tax (money creation).
4. In the Lucas price surprise model where monetary policy is nonrandom, the young
can always infer which island they live on no matter how the young population is distributed
between the two islands.
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Section B: Answer all 4 questions. Each question is worth 6 marks.
5. (6 marks) Consider the standard OLG model with money and growing population.
Individuals are endowed with y units of a perishable consumption good when young and
nothing when old. Individuals want to consume both when young and when old. Let
Tn = nNt-1 and Mt = zMt-1 for every period t, where Tn are the number of people born
in period t and Mt is the money stock in period t. Consider the case in which z and n are
both greater than 1. The money created each period is distributed as a lump-sum transfer
to each old individual worth at units of consumption goods. Each generation has identical
preferences where
Which of the Federal Government’s Policy Tools should be used with the appropriate action to be taken to deal with the following economic situations? 1. Significant decreases in the real GDP for 3 straight quarters 2. Increases in the unemployment rate over the past 6 months 3. Monthly increases in the producer price index for the past 4 months 4. A severe depression 5. Significant increases in the CPI over the past 6 months
Assignment Objectives
Compose and manage systems and processes to assess organizational performance for continuous improvement of quality, safety, and effectiveness.
No Reading Assignment
Quality Improvement in the Health Care Organization Accreditation
The mandate for improving the way in which health care is delivered was stimulated by the public outcry over the estimated 98,000 deaths because of medical errors each year, according to the Institute of Medicine in 1999. Since then, health care organizations have sought means by which the public can be reassured that they were meeting quality and safety standards. Accreditation agencies (e.g., The Joint Commission) and quality awards provide a means for the public to evaluate where the agency is meeting minimum standards.
You have been assigned by your manager to determine which accrediting agencies or quality improvement programs your hospital will utilize in its upcoming revenue cycle. Your hospital is a magnet hospital in a large urban area that provides multilayered services. You have previously used The Joint Commission for your accreditation but feel that you might be better served by using another accrediting body. You have three months in which to gather data and present the information to your manager.
Complete the following for this assignment:
Choose 3 quality improvement or accreditation-related programs to consider in replacing The Joint Commission for your organization, and briefly describe them. Your agency accepts Medicare and Medicaid payments; therefore, you will need to explore, as background, the conditions of participation for Centers for Medicare and Medicaid Services (CMS). This is important information because you will need to compare your list of accrediting agencies and quality improvement programs with the conditions of participation to see if they meet the criteria.
Analyze the costs and benefits of each quality improvement or accreditation-related program by stakeholder group (e.g., patient, provider, and third-party payer).Rank your quality improvement or accreditation-related program suggestions with rationale.
Absolutely No Plagiarism Allowed.
This must contain a Title, Introduction, 3-5 Body Pages, Conclusion & Credible References
I will pay $2.00 down with an additional $12.00 upon Completion.
This is case summaries; you need to rewrite most of the sentences but do not change the meaning.
Question 5 (2 points) Six Sigma methods are more intuitive than lean approaches and easier to apply by anybody in the workplace. True False Question 6 (2 points) phases of DMAIC addresses project management issues that answer questions about the what will need to be done, by whom. and when. control analyze define measure Question 3 (2 points) If a process is driven by an administrative logic such as cost accounting or functional specialization, it is ripe for reengineering. True False Question 4 (2 points) Flowcharts are best developed by the people involved in the process: employees, supervisors, managers, and customers. True False
5pts) 7) 7.A mission statement must be converted into goals to become operational and useful. True False (5pts) 8) 8. Philosophy feeds into value premises, which help shape vision. True False 9) 9. Managers must learn to manage employee motivation contingently. (5pts) True False pts) 10) 10. Supportive OB systems are characterized by power over people. O True or False 11) 11. Few management actions flow directly from the theory of human behavior that a manager (5pts) holds. True or False 12) 12. Douglas McGregor and Adam Smith were the first writers to call attention to managerial models. (5pts) True False
V Saved Question 3 (2 points) Deming provided a clear and precise definition of quality True. False Question 4 (2 points) peas Deployment refers to the extent to which an approach is applied tin addressing requirements relevant and important to the organization. True False Question 5 (2 points Six Sigma involves periodic review of Six Sigma plans and projects providing champions to sponsor projects, providing training resources and communicating progress. And achievements. True False
Question 4 (2 points) From the total quality (TQ) perspective, every company is part of a long chain of customers and suppliers True False Question 5 (2 points) One of the challenges of monitoring the Internet for information is that unlike a focus group or telephone interview, inaccurate perceptions or factual errors cannot be corrected. True False Question 6 (2 points are measurable performance levels or expectations that define the quality of customer contact Satisfaction standards Features and benefits Contact quality measures Service standards
Question 1 (2 points) The ISO 9004:2009 document includes the fundamentals and vocabulary of the ISO standards. True False Question 2 (2 points) Special causes disrupt the predictable pattern of a system. True False Question 3 (2 points) Deming provided a clear and precise definition of quality True False Question 4 (2 points) Deployment refers to the extent to which an approach is applied tin addressing requirements relevant and important to the organization. True False Question 5 (2 points) Six Sigma involves periodic review of Six Sigma plans and projects, providing champions to sponsor projects. providing training resources, and communicating progress and achievements True False
In the organismic model of organizations, work is reduced to elementary tasks with a focus on efficiency, conformity, and compliance. True False Question 2 (2 points) The traditional way of viewing an organization is by surveying the horizontal dimension keeping an eye on an organization chart. True False Question 3 (2 points) Agency theory suggests that information may be concealed to advance self-interests. True False Question 4 (2 points) A firm that is characterized by flexibility and short cycle times is considered to be agile. True False Question 5 (2 points) A successful organization is one which integrates quality principles with its mundane daily work activities True False