Describe two forms of private spending that represent consumption. The national income accounts include tuition as part of the consumer spending. In your opinion, are the resources you devote to your education a form of consumption or a form of investment. Explain.
Last week the Federal Government reached it’s ‘debt ceiling’. The debt ceiling is the maximum amount of money that Congress authorizes the Treasury Department to borrow. While Congress passed a budget authorizing spending in excess of the debt ceiling last year, some in Congress do not want to increase the debt ceiling unless the budget is renegotiated. To receive full credit, answer the 2 following question each with 100 words. Make sure work is original.
1.) Do you feel like it is appropriate for Congress to vote against raising the debt ceiling? Or, since Congress already approved the spending, should they wait until the next budget cycle to weigh in on future spending?
2.)What impact do you think a government default (the inability to pay its debt) would have on financial markets and the economy?
Assignment # 1
1. Why should managers use study supply, demand and their elasticities?
2. What is the difference between Accounting and Economic Profit?
3-2 House Closing
You’ve entered into a contract to purchase a new house, and the closing is scheduled for next week. It’s typical for some last-minute bargaining to occur at the closing table, where sellers often try to tack on extra fees. You have three options for the closing: (1) attend yourself, (2) send an attorney authorized to close only per the previously negotiated terms, or (3) pre-sign all the closing documents per the current terms and not attend the closing. Consider each bargaining position; which position would you go with and why?
GDP and Per Capita GDP are two of the most basic and most widely used economic measures. These broad measures provide interesting and useful information about a nation’s economy as a whole, and per capita GDP is the standard measure of the standard of living.
These measures are often criticized for not being a measure of quality of life(whatever that means, as there is no standard definition of quality of life). However, GDP was never intended to measure quality of life, just output and the income that the production process produces.
Please read these handouts to learn more about GDP and Per Capita GDP.
GDP Overview Presentation
Quality of Life Discussion Paper
Discussion Questions — Answer All
Please share your thoughts on the following:
Is GDP an adequate measure of national economic activity?
Should GDP be replaced by a new quality of life measure?
Or should there be separate measures of economic output (GDP) and quality of life?
Or some combination?
An answer to the initial set of questions you choose. Your post should be least 300-350 words long and include two quotes or specific references to vocabulary or concepts in the Learning Materials with citations in MLA format.
Option #1: Terminology
Choose five terms from the vocabulary list for this week that are new to you or discussed in our readings in a way you have not thought about. Make sure you choose a few terms from the readings on culture and a few from the readings on technology.
For each of your five terms:
Provide a brief definition in your own words. This should be a paraphrase of the definition from one of the readings. Please see tips on paraphrasing here.
Cite where you got the definition from in MLA format.
Explain in a few sentences how you think this term might help you look at technology and culture in a new way in this class.
Here are the readings:
Please see attached for readings.
Option #2: Quotes
Review the following quotes from the article “From Technological Autonomy to Technological Bluff: Jacques Ellul and Our Technological Condition” in the Learning Materials.
“A technological society, Ellul reasoned, begets autonomous technique, a condition in which technology’s values drive technology, and following from this technology will determine the rest of society…Ellul theorized that once human beings enter the technological society (our current situation), technology is not controlled by anything.”
“While the means–the technologies–become ever more complex…Goals such as freedom or wealth are seldom questioned, but it is often unclear what these mean, for whom, and at what cost. The focus is on extending the means of development, pursuing new technologies. Goals are given such content as will the technological means available. Thus “success” becomes not a state of flourishing but as acquiring more possessions. “educated” no longer connotes wisdom but possessing measurable and marketable skills.”
“We now generally, if sometimes grudgingly, accept new technology. This is the case even when it creates new difficulties, when it raises profound ethical questions, when it might work less well, or when it exacts greater demands than previous technologies.”
“Through advertising of particular devices or propaganda for acceptance of technologies in general, the marketing of technology persuades the public to accept new technologies. This process denies that technologies are simply freely chosen by the public in the marketplace and emphasizes the ability of advertising to sell the technologies to the public.”
Choose one of these quotes and do the following:
Place the quote at the top of your post.
Paraphrase the quote in your own words. Please see tips on paraphrasing here.
Discuss how it relates to your relationship with technology in your everyday life OR why you disagree with something in the quote.
Use at least one or two specific examples from your life or our culture to illustrate your points.
Use at least one additional quote from this article in your discussion.
Make sure to cite your quote in MLA style.
3. Music Pricing
In the initial stages of downloadable music, the pricing model for iTunes was to price songs individually. At the time, Spotify instead opted to offer unlimited song playing, for a monthly fee. Today, both services use a monthly subscription system. Discuss the two pricing mechanisms including their pros and cons. Your discussion should include which model would likely yield more profit and why; and, why iTunes changed its pricing strategy to what it is today. Please use and provide references.
Guidelines and Assessment
Deliverables: (a) The choice of your topic (Music Pricing) and an outline of your paper is dues by the fourth week of the semester; (b) a draft is due by the ninth week, (c) the final version of the paper is due in the thirteenth week, (Will Post one I receive feedback)
At the bare minimum, your paper will include:
1. Introduction, including a re-statement of the problem2. Body/discussion3. Conclusion and recommendations4. References
The submissions will be typed. The outline, draft and final group paper( will not need until feed back is given) will follow the APA format. The draft and the final version of the paper will also include an abstract.
The outline will be a two-page double spaced document providing headings for the main sections and what you expect to cover in each section. The instructor’s feedback on the outline will be incorporated in the draft and subsequent feedback will be incorporated in the final version of the paper. The draft will be as thorough and complete as the paper final paper, the only different between the two being the incorporating of the instructor’s feedback. The draft and the final paper will be between 15 and 25 pages long excluding the references.
Academic Integrity will be expected and enforced in line with the university policy. Make sure you do and submit your own work and give credit for legitimate help or reference you get from others including written work.
Plagiarism: In particular, all cases of plagiarism will be subject to penalty. Examples of plagiarism include, copying and/or sharing answers and copy pasting other people’s works without referencing. A 30% or closer similarity between one group’s work and another source will be considered sufficient evidence of plagiarism. The Penalty will include, losing the grade for the entire submission or paper, being dropped from the course altogether, and being forwarded to the university students’ disciplinary process.
”The only paper i need as of now is the outline which will be a two-page double spaced document providing headings for the main sections and what you expect to cover in each section.”
1. In a breach of contract case, the court can consider ordering specific performance as long as the innocent party asks for that remedy. This equitable remedy orders the breaching party to comply with the terms of the contract. This means that the breaching party will be required to do whatever the party originally promised to do.
Another equitable remedy is injunction, which is a remedy that prohibits a party from a particular act. Note that specific performance and injunction remedies are similar, but what are the key differences? Give an example of each type of remedy.
2. What is the purpose of the requirement under the UCC that that a good must be “moveable” in order to be controlled by the UCC? For example, what is the difference between selling trees which are growing, and selling growing crops, if any? Should there be a difference in the law? What do you think is the underlying purpose of the UCC?
3. What are the different types of authority an agent might have, and why is it important to identify the type of an agent’s authority? Give an example of each type of authority.
4. In which situation(s) would you consider a commercial off-the-shelf software (COTS) instead of in-house software development? What do you think the risks associated with a COTS would be?
5. According to Systems Analysis and Design, 12th edition, good design depends on seven basic principles. Which principles do you think are the least important? Why? What do you think would happen to the system if you skipped them?
6. Your family’s brick-and-mortar gardening supplies business has been doing well, so now your family thinks it is time to expand the business with e-commerce. Would it be better to sell on Amazon, eBay, or Facebook Marketplace? Why? In contrast, do you think it would be better to develop an online store on your own? Why?
Promoting international trade is not a zero-sum game. It is a win-win proposition; both parties gain from trade.
Consider the following:
Tariffs are paid by the citizens of the country imposing tariffs, not by the citizens of the country producing the products upon which the tariffs are levied.
The term “trade deficits” is a misnomer. Every country’s trade is always in balance.
Trade deficits do not mean the US no longer produces anything to export. The US is the world’s second largest manufacturer and the world’s second largest exporter of manufactured goods.
Trade deficits reflect a strong economy. Trade deficits rise during economic expansions and fall during economic contractions. Unemployment falls as trade deficits rise and rises as trade deficits fall.
Imports and exports are complements, not competitors. Both are necessary and both contribute to economic growth.
Roughly one-third of all US imports and exports is trade between US multinational companies and their overseas subsidiaries.
Foreign-owned companies operating in the US number in the thousands and provide directly or indirectly jobs for more than 13 million US workers (roughly, 10% of the US workforce).
US trade deficit in goods in 2018 (as a % of GDP) was the same as it was 5, 10 and 15 years earlier.
The rise in US goods trade deficit with China has not increased the US total goods trade deficit. It has been offset by reduced goods imports from other trading partners.
There is a strong correlation between the rise in world trade and:
The rise in world GDP
The dramatic fall in the world’s extreme poverty rate
The rise in world life expectancy
For every US manufacturing job lost to trade between 2000 and 2010, seven US jobs were lost to domestic productivity improvements. Those seven jobs cannot be brought back from overseas because they never left the US.
Write a 700- to 1,050-word evaluation of credible economists’ unbiased opinions on the benefits, costs, and results of current US trade and tariff policies. Complete the following in your evaluation:
Evaluate how US trade policy changes in the last 2 years affect global trade activities by multinational corporations.
Discuss credible economists’ opinions on the long-term effects of trade and tariff policies changes in the last 2 years.
Explain the effect recent changes to trade and tariff policies have had on your employer, you, or someone you know.
Cite at least 2 academically credible sources.
· Analyze how the increasing intensity of information technology investments, the digitization of business, and the big shifts in the U.S. economy have affected the competitive dynamics of Courier industry – FedEx.
For background on how the increasing intensity of information technology investments, the digitization of business, and the big shifts in the U.S. economy have affected competitive dynamics, please do the below readings. I have attached the articles.
· Hagel, J., Brown, J.S., and Davison, L. “The Big Shift: Measuring the Forces of Change,” Harvard Business Review (87:7-8), Jul-Aug 2009, pp 86-90.
· McAfee, A., and Brynjolfsson, E. “Investing in the IT that makes a competitive difference,” Harvard Business Review (86:7-8), Jul-Aug 2008, pp. 98-107.
· Govindrajan, V. & Srivastava, A. (2016). “Strategy When Creative Destruction Accelerates.” Tuck School of Business Working Paper No. 2836135, Available at SSRN: https://ssrn.com/abstract=2836135Links to an external site.
· Use a maximum of one, single-sided page (no more than 600 words), single-line spacing, 1″ margins on all sides, Verdana font type, and 10-point font size.
APA FORMAT MUST USE AT LEAST TWO TO THREE REFERENCES FROM READINGS.
Think specifically about the readings for this module. Think of the Healthcare marketplace not in the usual sense but as other markets. There are buyers and sellers. Take a farmer’s market. How do you pick the best tomato (i.e., the quality of the product)?
It’s the same for the selection of HC in the market. How does one measure quality? Are their rules involved? Did the rules change with COVID-19?
YOU ARE EXPECTED TO RAISE THE DISCUSSION FROM THE MUNDANE, OBSERVATIONAL LEVELS TO MORE THOUGHTFUL, REFLECTIVE, AND ANALYTICAL LEVELS.
READING THE SAME AS THE FIRST DISCUSSION
How do current monetary policies affect your saving/consumption decisions? Your journal entry must be at least 200 words in length. No references or citations are necessary.