Unit 3 Assignment

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BU204-2: Examine macroeconomic aggregate indicators, such as the GDP, inflation rate, unemployment rate, and their implications on the national economy.

1) Using the same procedures described in the Unit 3 Learning Activity and listed in the World Bank Research Steps document, choose two different countries than the countries chosen during the learning activity, and perform the same analysis, answering the questions below. Collect the data requested below from the World Bank for the year of 2000 and for the year of 2015. The World Bank data is available from the Purdue Center for Economic Education.

Website: https://krannert.purdue.edu/centers/pcee/economics-help/economic-data-sources.php

a) Choose any two countries and for each country, download and list the following data from the World Bank, in an Excel spreadsheet, for both the year ending 2000 and the year ending 2015:

i) Industry (including construction), value added

ii) GDP

iii) GDP per capita

iv) Population, total

v) Employment in agriculture (% of total employment) (modeled ILO estimate)

vi) Employment in industry (% of total employment) (modeled ILO estimate)

vii) Employment in services (% of total employment) (modeled ILO estimate)

viii) Employment to population ratio, over 15 years of age total percentage.

ix) Land area (sq. km)

(b) Correctly calculate the percentage differences for each set of data, for each country between the year 2000 and the year 2015. Also, correctly calculate the percentage difference between your two countries for the year 2015 for each of the data elements.

(c) In a 400 – 500-word essay, explain, in detail, WHY you think these values are different between the two countries and how long run economic growth operates differently between these two countries.

2) Assume there is a simple economy where people consume only two goods, food and clothing, as shown in the table below. Further assume that the market basket of goods used to compute the CPI consists of 100 units of food and 20 units of clothing.

Yearly Price per Unit

Food

Clothing

2004 price per unit

$8

$20

2005 price per unit

$12

$40

  1. Compute the percentage changes in the price of food and the percentage change in the price of clothing between 2004 and 2005.
  2. Calculate the percentage change in the CPI between 2004 and 2005.
  3. Do you think the CPI price changes affect all consumers in the economy to the same extent? If not, how do you determine who “wins” and who “loses” in this particular situation? Explain why these differences would exist.

References

DiGiammarino, E.L. (2019). Research steps – AB or BU 204 macroeconomics course [Video]. YouTube. https://youtu.be/9lC6SaCN2WU

Economic data sites. (n.d.). Purdue Center for Economic Education. https://krannert.purdue.edu/centers/pcee/economics-help/economic-data-sources.php

English Summary Response Paper

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Select a reading from your textbooks Anthology of Theme-Based Readings that you find most interesting or informative. Summarize the reading and write a 750-word response to it, explaining what you learned and how you will apply that information to your own life. If you have a strong opinion about the topic, you may also choose to agree or disagree with the writers argument by providing an analysis of how he or she presents and supports the claim. Include direct quotations from the essay to support your response.

Attached is a power point that includes how to write the response.
Response has to be 750 words. This URL takes you to the reading material. Basically just a response to how you feel about “social media” (thats the reading material)

Adapt to inaccuracy in social media

Orientation Communication

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To the best of your ability and as a psychiatric-mental health nurse practitioner (PMHNP) on clinical rotations, coordinate an introductory email with your Clinical Faculty and Preceptor. The purpose of this communication is for orientation and onboarding. Develop three goals and three objectives that follow the SMART framework. Include any discussions, and questions in your email. Complete your orientation email and send to your faculty and preceptor.

Sample Solution

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Major man-made or natural disasters in the United States

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select one of the major man-made or natural disasters in the United States or the world including the 9/11 terrorist attack, Hurricane Katrina, 2004 Sumatran Earthquakes and Tsunami, Fukushima Nuclear Powerplant Meltdown, and Hurricane Sandy. You can choose a small size disaster that occurred in a community, but many times small scale and local disasters do not provide sufficient information for your case study. If you select a local disaster, you need to ensure whether you have an access to data and information. Thus, the most important consideration in selecting your case is the richness and accessibility of data and information that allows the development of your case study.

Sample Solution

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