MT445 Unit-8

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1. Determine whether each of the following would cause a shift of the aggregate demand curve, a shift of the aggregate supply curve, neither, or both. Which curve shifts, and in which direction? What happens to aggregate output and the price level in each case?
 

a. The price level changes
 

i. Which curve shifts?
ii. Which direction does it shift?
iii. What happens to aggregate output?
iv. What happens to the price level?

 

b. Consumer confidence declines
i. Which curve shifts?
ii. Which direction does it shift?
iii. What happens to aggregate output?
iv. What happens to the price level?

 

c. The supply of resources increases
i. Which curve shifts?
ii. Which direction does it shift?
iii. What happens to aggregate output?
iv. What happens to the price level?
 

d. The wage rate increases
i. Which curve shifts?
ii. Which direction does it shift?
iii. What happens to aggregate output?
iv. What happens to the price level?

 

2. Determine whether the following statements are true or false.
i. Some people who are officially unemployed are not in the labor force.
ii. Some people in the labor force are not working.
iii. Everyone who is not unemployed is in the labor force.
iv. Some people who are not working are not unemployed.

3. Refer to the following data on the U.S. consumer price index and answer the questions below.
Year CPI Year CPI Year CPI Year CPI
1988 118.3 1993 144.5 1998 163.0 2003 184.0
1989 124.0 1994 148.2 1999 166.6 2004 188.9
1990 130.7 1995 152.4 2000 172.2 2005 195.3
1991 136.2 1996 156.9 2001 177.1 2006 201.8
1992 140.3 1997 160.5 2002 179.9
 

a. Compute the inflation rate for each year 1989-2006.
b. Which years were years of inflation?
c. In which years did deflation occur?
d. In which years did disinflation occur?
e. Was there hyperinflation in any year?

Discussion 4

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Some management commentators have argued that job (or position) descriptions are not necessary, that they are simply unneeded paperwork that occupy file space and that they are not particularly useful. In essay form, develop two arguments, one supporting job descriptions and one opposing job descriptions. Finally, provide your opinion in support of one argument or the other. 

References 

Fallon Jr., L. Fleming, & McConnell, Charles R. (2019). Human Resource Management in Health Care Principles and Practice. Burlington, MA: Jones & Bartlett Learning 

MT445Assignment-Unit3

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1. Explain the relationship between the price elasticity of demand and total revenue.

2. 2. Is the price elasticity of gasoline more elastic over a shorter or a longer period of time? Explain.

3. 3. Determine whether each of the following is an explicit cost or an implicit cost:
 

a) Payments for rented manufacturing equipment
 

b) A firms use of a warehouse that it owns and could rent to another firm
 

c) Wages paid to the firms workers
d) The wages the firms owner could earn if he worked for another company

4.  Consider the following information in the table for Pats Pizza Restaurant and answer the questions below.
Marginal Product of Capital 4,000
Marginal Produce of Labor 100
Wage Rate $10
Rental Price of Pizza Ovens $500
a. Is the owner of Pats Pizza Restaurant minimizing cost?
b. Should he rent more ovens and hire fewer workers or rent fewer ovens and hire more workers? Explain.

Week 3 Assignment 1 – Update

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Value Proposition in Patient Care

Paradise Hospital, Inc., is a for-profit hospital. As the facility’s new hospital administrator, you have been tasked with improving the service value of the hospital. The administration has not done this process since the hospital began operating in the year 1995. The investors are not familiar with the value proposition strategies of hospitals in current-day America.

Note: You may create or make all necessary assumptions needed for the completion of this assignment.

Write a 46 page paper in which you:

Articulate the meaning of value-added service as it pertains to patient care services, and argue the major reasons why it matters to add value to patient services. Justify your response.

Outline a system for identifying the functional areas in which changes might be necessary in order to improve the hospital’s service value. Recommend the key methods that you would use to acquire the information necessary to identify the specified functional areas.

Specify four specific areas where you believe the administration can add value in Paradise Hospital, and argue the most significant reasons why such a value proposition would improve the value of services to the patients.

Go to Basic Search: Strayer University Online Library to find four recent (within the last five years) quality academic resources for this assignment. Note: Wikipedia and other websites do not qualify as quality academic resources.

Your assignment must follow these formatting requirements:

Be typed, double-spaced, using Times New Roman font (size 12), with 1-inch margins on all sides.

Follow APA or school-specific format for citations and references. Check with your professor for any additional instructions.

Include a cover page containing the title of the assignment, your name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required page length.

The specific course learning outcome associated with this assignment is:

Propose areas where a hospital can add value to patient services.