Category: Economics

Critically analyze how the government can allocate public revenue across different sectors and programs

Create spreadsheets and use Solver to determine the correct miles for each truck to travel to minimize cost for the following problem. Your company has two trucks that it wishes to use on a specific contract. One is a new truck the company is making payments on, and one is an old truck that is fully paid for. The new truck’s costs per mile are as follows: 54₵ (fuel/additives), 24₵ (truck payments), 36₵ (driver), 12₵ (repairs), and 1₵ (misc.). The old truck’s costs are 60₵ (fuel/additives), 0₵ (truck payments), 32₵ (rookie driver), 24₵ (repairs), and 1₵ (misc.). The company knows that truck breakdowns lose customers, so it has capped estimated repair costs at $14,000. The total distance involved is 90,000 miles (to be divided between the two trucks).
Note: Take screenshot of of the SOLVER before clicking “solve” ( to showing “Set objective”, “By changing variable cells”, and “Subject to Constraints”).
Attach both excel and the screenshots. No need for explanation.

The Walmart Way by Don Sonderquist:
1. A brief summary of the book. (10pts) The Summary should be about 1 page long.
The other answers should be several paragraghs. 2. What do you think the entrepreneur did wrong? (10pts)
3. What did the entrepreneur do right? (10pts)
4. How would you have done things if you were in their position? (No matter how much they achieved, I am sure there is something you would have done differently.) Do NOT use the same things as in question 2. (10Pts)
5. What economic principles (things you learned in this course) were used in this business? Use examples from the book . Name the principle and show how it was applied in this business. (Not a list!) (30 points) 6. What did you learn from reading this book.? How will it influence you in the future ? (10 Questions)

my topic is the marshal plan
this is the guidelines Dear Students,
I have included below the guidelines for your position paper (due next Thursday) as outlined in the course syllabus. Your paper should be organized in sections, with headings and subheadings, as appropriate. Tables and graphs may be included within the text or as appendices. Make sure to cite your references in the text and use a consistent citation style throughout the paper.
The bibliogrpahy does not need to be annotated.
Please let me know if you have questions or concerns.
Your friendly professor
Paper Assignment Guidelines
The paper will be on a government program of your choice at any level of government (federal, state or local). It should be 8-10 pages in length (not including pages used for graphs and the bibliography). The paper must contain at least 3 academic journal and 3 popular press references. The appendix to Chapter 1 in the Rosen and Gayer text provides a list of potential academic journals. At a minimum, the paper should address the following
questions:
Is there a market failure in this area and how does the program deal with this failure?
Why is the program at that particular level or levels of government?
What is the current scope of the program (e.g., absolute and relative size, beneficiaries)?
What is the source of program funding?
What has been the growth of the program over the past 20-30 years?
Have there been any efforts to change or reform the program? What are these policies?
What economic problems such as equity and efficiency are associated with the program?
Your grade will be based on how you answer these questions as well as on application of economic theory, clarity and organization. You are expected to consult with me during the semester. The choice of topic will be the start of our individual consultation. I recommend that you meet with me to ask questions, update me on your activity, and explain your strategy and schedule for completing the paper.
Important Info
The order was placed through a short procedure (customer skipped some order details).
Please clarify some paper details before starting to work on the order.
Type of paper and subject
Number of sources and formatting style
Type of service (writing, rewriting, etc)

About
EconVenture (Economics + Adventure) Discussion encourages you to explore economics from the perspective of five economic agents: an individual, a small business owner, a major corporation, a fiscal policy maker, and the monetary policy maker and engage in a discussion with your peers.
Estimated Time
An estimated 1 hour is needed to complete this activity.
Prompt
Economics, Macroeconomics, and Microeconomics
Economics is the study of how humans make decisions in the face of scarcity.
Macroeconomics looks at the economy as a whole. It focuses on broad issues such as growth of production, the number of unemployed people, the inflationary increase in prices, government surpluses and deficits, and levels of exports and imports. On the other hand, microeconomics focuses on the actions of individual agents within the economy, like households, workers, and business.
The key is that macroeconomics and microeconomics are not separate subjects, but rather complementary perspectives on the overall subject of the economy.
Given this, we will include both what are traditionally microeconomic agents (individuals, small businesses, and major corporations) and macroeconomic agents (fiscal policy makers and monetary policy makers) as agents that you select each week.
Economic Agents
There are five economic agents that you can select from:
Individual 👧🏾 👦🏼
Small business owner 👩🏽‍💼 👨🏽‍🍳
Major corporation 🏭 🏢
Fiscal policy maker 📜🏛️
Monetary policy maker 💵🏦
Individuals
Individuals are people like you and me. When we hear economics, concepts like scarcity, opportunity costs, utility, marginal benefit, marginal cost, supply and demand, and price and quantity, may come to mind.
Small businesses and Major corporations
Small businesses and major corporations are firms whose primary goal is to earn a profit, which means their total revenues are greater than their total costs. Firms differentiate on size and “size is determined by the amount of average annual receipts or by the number of employees.” See Part I: The Government Definition of a “Small Business”Links to an external site. and Table of size standards (sba.gov)Links to an external site. for more information on how this differentiation is determined.
Fiscal policy makers
Lastly, the government consist of fiscal policy makers and monetary policy makers. Examples of fiscal policy makers include federal, state, and local government elected officials and appointed officials.
Federal elected officials include Members of the U.S. House of Representatives, U.S. Senators, and the President. Appointed officials include Commissioners of the Federal Trade CommissionLinks to an external site., the Director of the Consumer Financial Protection BureauLinks to an external site., and the National Labor Relations BoardLinks to an external site..
State elected officials include members of state legislatures and statewide elected officials like state governors and state attorney generals. Appointed officials include leaders of departments, bureaus, and boards that oversee sectors of the economy, like the California Department of Real Estate, Links to an external site.CA Department of InsuranceLinks to an external site., California Bureau of Automotive Repair,Links to an external site. and Medical Board of CaliforniaLinks to an external site., to list a few.
Local elected officials include city council members, city mayors, and local board commissioners and trustees. Appointed officials include leaders of joint powers authorities, like San Diego County Association of GovernmentsLinks to an external site. or East County Advanced Water Purification JPALinks to an external site..
Monetary policy maker
As for monetary policy makers, they are called Central Banks. The Federal ReserveLinks to an external site. is the Central Bank of the United States.
Once you select an economic agent and read their very brief perspective on a chapter topic, you need to expand on the perspective with 2 or more sentences. How you “expand on the perspective” is open-ended, so there is no “right” or “wrong” answer. You are encouraged to bring in key concepts, terms, or equations from the chapter relevant to the economic agent, list another relevant question the economic agent would pose, or share a resource for the economic agent.
After your Post, you need to Reply to at least one peer by positively validating their post (1 sentence), declare whether you agree/like or disagree/dislike with their expanded perspective of the economic agent (at least 1 sentence), and state at least one reason why you agree/like or disagree/dislike (at least 1 sentence).
Instructions
Step 0: View Embedded PowerPoint
View embedded PowerPoint
Go to the slide(s) for the specific Week/Chapter of this discussion
Step 1: Select an Economic Agent You are Interested In
Individual 👧🏾 👦🏼
Small business owner 👩🏽‍💼 👨🏽‍🍳
Major corporation 🏭 🏢
Fiscal policy maker 📜🏛️
Monetary policy maker 💵🏦
Step 2: Read the Perspective of your Selected Economic Agent
For each chapter, each economic agent has a provided perspective.
Each perspective is a simplification of what an economic agent would think about the chapter topic.
Note: the simplified perspective necessarily ignores details and complexity of the chapter to allow you to focus on expanding the perspective.
Step 3: Write a Post that Expands on the Perspective
Declare which economic agent you selected (1 sentence)
Expand on the perspective of your selected economic agent (2 or more sentences).Recall: How you “expand on the perspective” is open-ended, so there is no “right” or “wrong” answer. You are encouraged to bring in key concepts, terms, graphs, charts, or equations from the chapter relevant to the economic agent, list another relevant question the economic agent would pose, or share a resource for the economic agent.

Video Recording (Chapter 1 is from start to 33:45-minute mark)
Please note that Chapter 1 is covered from beginning to 33:45 minute mark. And Chapter 2 begins at 33:45 minute mark through end of recording.
Instructions
Step 1: Watch Video Recording.
In your assignment submission, clearly state which meeting recording you watched.
Example: “I watched the Meeting Recording on the topic of “International Trade”.”
Step 2: Respond to a Specific Question.
Select 1 of the following questions to respond to:
What did you find most interesting about the meeting?
What did you find most relevant to your daily life about the meeting?
What would you like to learn more about related to the meeting topic?
What did you find perplexing or challenging about the meeting topic?
Step 3: Clearly State your Question.
Be sure to clearly state this question in your assignment submission.
Using a question provided in the prior step, or a question that you ask yourself, be sure to clearly state this question in your assignment submission.
Step 4: Answer Question with 4 Sentences.
Write at least 4 sentences answering the question you selected.
Submission Template
To help you get started, below is the text outline. You can copy and paste this text to help organize your assignment submission.
### Start Copy and Paste ###
Meeting
[Declare the following statement:]
I watched the recording on [Topic].Example: “I watched the Meeting Recording on the topic of “International Trade”.”
Question [Choose 1 of the 4 questions below to answer.]
What did you find most interesting about the meeting?
What did you find most relevant to your daily life about the meeting?
What would you like to learn more about related to the meeting topic?
What did you find perplexing or challenging about the meeting topic?
Response to Question
Sentence 1.
Sentence 2.
Sentence 3.
Sentence 4.
### End Copy and Paste ###
Frequently Asked Questions
Why don’t you have real-time online lectures?
I don’t host real-time online lectures because our course is fully asynchronous online. Fully asynchronous online means there is no fixed day and time each week that we are required to meet online.
Are these video recordings from a prior semester?
Yes, these are video recordings of real-time online lectures from my Fall 2022 ECON 120 Principles of Macroeconomics course.
Can I schedule an appointment with you to discuss the video recording?
Yes, if you still have questions about concepts after watching the video recording, please feel free to schedule an appointment with me at www.ipolisci.com/appointmentLinks to an external site.. I am happy to chat with you in real-time online to answer questions, clarify concepts, and help you.

Based on the introduction part, discuss the potential economic outcome/impact of the heuristic/bias: FRAMING
in the decision making of individuals, corporations, or governments and a 5 minutes speech for this part.

About
During the Video Recording, the professor presents on a topic using lecture slides and students will watch to learn about the topic.
After watching the recording, you select a question to answer, and submit your assessment to the professor for evaluation/grading.
Estimated Time
An estimated 2 hours is needed to complete this activity.
Video Recording
Instructions
Step 1: Watch Video Recording.
In your assignment submission, clearly state which meeting recording you watched.
Example: “I watched the Meeting Recording on the topic of “International Trade”.”
Step 2: Respond to a Specific Question.
Select 1 of the following questions to respond to:
What did you find most interesting about the meeting?
What did you find most relevant to your daily life about the meeting?
What would you like to learn more about related to the meeting topic?
What did you find perplexing or challenging about the meeting topic?
Step 3: Clearly State your Question.
Be sure to clearly state this question in your assignment submission.
Using a question provided in the prior step, or a question that you ask yourself, be sure to clearly state this question in your assignment submission.
Step 4: Answer Question with 4 Sentences.
Write at least 4 sentences answering the question you selected.
Submission Template
To help you get started, below is the text outline. You can copy and paste this text to help organize your assignment submission.
### Start Copy and Paste ###
Meeting
[Declare the following statement:]
I watched the recording on [Topic].Example: “I watched the Meeting Recording on the topic of “International Trade”.”
Question [Choose 1 of the 4 questions below to answer.]
What did you find most interesting about the meeting?
What did you find most relevant to your daily life about the meeting?
What would you like to learn more about related to the meeting topic?
What did you find perplexing or challenging about the meeting topic?
Response to Question
Sentence 1.
Sentence 2.
Sentence 3.
Sentence 4.
### End Copy and Paste ###
Frequently Asked Questions
Why don’t you have real-time online lectures?
I don’t host real-time online lectures because our course is fully asynchronous online. Fully asynchronous online means there is no fixed day and time each week that we are required to meet online.
Are these video recordings from a prior semester?
Yes, these are video recordings of real-time online lectures from my Spring 2022 ECON 121 Principles of Microeconomics course.
Can I schedule an appointment with you to discuss the video recording?
Yes, if you still have questions about concepts after watching the video recording, please feel free to schedule an appointment with me at www.ipolisci.com/appointmentLinks to an external site.. I am happy to chat with you in real-time online to answer questions, clarify concepts, and help you.

Write a summary of the article included in the folder ‘Readings and Resources’, titled ‘The Capital Asset Pricing Model: Theory and Evidence’. The main aspects in the summary should include 1). What are the theoretical predictions of the CAPM? 2). What are the empirical findings in testing the CAPM? 3). What are the potential explanations for the discrepencies between the theory and the evidence of the CAPM?
The summary should be typed in Word file with the format of Arial or Calibri or Times New Roman style, 12-font and double-spaced. The length of the summary should be no more than two pages.

In your personal and professional life, you will need to make financial decisions. Setting financial goals is a good way to plan for your financial future. Think about your current financial situation and where you want to be after graduation. Most students plan to earn more money after graduation. If that’s true for you, that would change your financial situation. Think about how your financial life will change. What might be different? What steps would you need to take to reach that financial future?
Respond to the following in a minimum of 175 words: Think about 2 or 3 long-term financial goals you have in your own life (e.g., savings account amounts, a trip, retirement, paying off debt, etc.). As you read this week, what did you learn about yourself that will help you achieve these long-term financial goals? What changes could you make now to achieve those long-term financial goals?
Can you share a financial goal (short or long term) in the SMART format?
Focus on 1 of the long-term financial goals you identified. Consider what you read about compound interest and the time value of money in Sections 1.8 and 1.9 in the zyBooks textbook. Use the Compound Interest Calculator from Investor.gov to gain a broader perspective on your chosen long-term financial goal over 10, 20, and 30 years. What does the calculator show you about the time value of money and compound interest? You don’t have to provide specific details, but discuss what you observe.