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Economics 104
Spring 2021
Take home Problem Set # 1
(13 points)
M. Bahmani
Direction: Please e-mail your answers to the following problems to your own TA in your
discussion section before March 1, 2021. Your TA will answer these questions and your
other questions during week of March 1st before you take exam 1 during March 5th - March
7th.
Make sure you keep a copy of your answers because TAs are required to keep your
submissions.
Review Question to be
Answered
Page # from the Text
2, 4, 6, 8, (Test Yourself)
Pages 77-78
2, 3, 4 (Test yourself)
Page 126-127
Purchase answer to see full attachment
Purchase answer to see full attachment
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Note: The video has Closed Captioning. To activate it, start the video, mouse over the bottom of the video and click on the CC icon, then select from the menu.
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This week we are going to look into the labor market in some depth. We shall be examining unemployment as well as the labor force participation rate.
This week you will examine the U3 unemployment rate (often called the Headline Rate because it is the one most often reported by the media) and the U6 unemployment rate (a more inclusive measure of unemployment) in detail. This activity will give you a deeper understanding of the different unemployment measures available to analyze what is occurring in the national labor market.
Assignment Summary:
First, Watch the above video and videos 1 and 2 under the Week 3 videos above;
Video 1
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Go to the Bureau of Labor Statistics (http://bls.gov) and find the current:
labor force participation rate
the U3 (Headline) unemployment rate, and,
the U6 unemployment rate;
What are the differences between the U3 and U6 unemployment rates? Note not only the unemployment rate percentages, but also who is counted in each of the two measures.
After examining the information and views found in the above activities, what factors are contributing to the current unemployment rate and the current labor participation rate? Support your view with data from the BLS, information from the readings and the videos and concepts from the textbook readings (chapters 28-31). from book
Mankiw, N. G. (2014). Principles of Economics (8th ed). Stamford CT: Cengage.
ISBN: 9781337516860 (Hardback) or ISBN: 9781337607698 (Loose Leaf)
Post your views to the discussion board and refer to at least two different concepts from this week’s Chapters. Your illustration of concepts MUST include an explanation why you think they are relevant to the week’s topic using specific information from the articles, videos and other research that you have done.
MAKE SURE THAT YOU ADD SOMETHING NEW to the discussion.
Use paragraphs as appropriate.
Remember to document all use of sources by using citations and references. These should be in APA format.
Please review Plagiarism Powerpoints ( PLAGIARISM.ppt PLAGIARISM.ppt - Alternative Formats ) and be sure to provide references (APA.ppt Click for more options ), including URLs where appropriate, to all works that you cite.
ECO 2023 USF Analysis of the Kidney Organ Market in the US Case Study
This is a multipart process writing
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meaning ...
ECO 2023 USF Analysis of the Kidney Organ Market in the US Case Study
This is a multipart process writing
assignment, but a coherently-themed whole. “Process writing” is deep and
meaningful and tightly aligned with the course’s student learning
outcomes; particularly those of critical and analytical thinking,
problem solving, and creative thinking. Feedback will be provided to
students after each part of the assignment. Students will progressively
explore parts of decision-making, incorporating deeper and increasingly
meaningful arguments within the discipline, as we move through the
course. At each step, students will delve deeper into the learning
outcomes, reflecting more sophisticated responses as their body of
knowledge grows. Your
final draft of the study must be 7 FULL pages of text (at least 7 no
more than 8), double-spaced, 1" margins, and size 12 Times New Roman
FONT. Hundreds of people worldwide die daily while waiting on an
organ transplant list. In many cases there are people willing to help
them by giving up their own organs, for a price. However, in most
countries, governments have intervened in an effort to deal with
concerns of fairness. The kidney organ market in the US is one such of
these examples. In the United States such sales are illegal under the
National Organ Transplant Act of 1984, but, while well intended, the ban
on organ sales does come at a cost.This is a multipart assignment in which you will examine and evaluate
the organ market, outlining the merits and weaknesses of regulations as
well as suggest an alternative, from an economic point of view. As you
progress through the course, you will incorporate more and more economic
language into your analysis, in the end forming a complete economic
discussion.This is the final draft for the GEA1 Case Study. This portion
has two primary parts that will be added to the rough draft, described
below. You should write the paper as a cohesive whole; do not include
section headers. Use the links above for submission details and rubric.DESCRIPTION Part I - (this draws on welfare analysis regulation (Ch
4) to improve the argument made in the Rough Draft as well as describe
an unintended consequence) Consider regulations in the US kidney market and the negative
aspects of the government intervention. In addition to improving your
paper based on the feedback you received, add to your previous
discussion of the US kidney market using what you have learned about DWL
and welfare analysis; specifically discuss efficiency concerns as a
result of the intervention. You may have discussed DWL in the rough
draft but you should elaborate on that discussion and really focus on
what causes the DWL and in what ways is loss generate, exactly who is
impacted and how; give specific examples.Part II - (this requires you to offer a creative alternate solution to the consequence you described above)Now put yourself in the role of a social advocate. Noting the
problems you presented above, what solutions do you have to help protect
society? Offer an alternative solution that addresses the issues you
noted in the rough draft and avoids the problems you noted above. Be
creative, you are not limited to possible government interventions but
should also consider potential interventions from other groups in
society.https://www.chicagomanualofstyle.org/tools_citatio...
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