Category: Economics

I need you to interpret the results I can give you screenshots of q1,2,5,6,7 I need you to solve qs 3,4,8 and write the interpretation of the findings and explain everything in the word doc 

Prior to beginning work on this assignment, review Chapters 1 – 12 of your textbook, Principles of Microeconomics. Pick any ONE business/company of your choice. The company you choose can be a small local restaurant or a large multinational company. Based on your selection, answer the following questions:
In your paper,
Describe the basics of the business you chose- including the size of the business, types of goods/services the business sells, and possible barriers to entry/exit.
Distinguish among four market structures: perfect competition, monopolistic competition, oligopoly, and monopoly in this order.
Discuss what kind of market structure your company falls under. Why?
Analyze whether the demand of the goods/services sold by the business are elastic or inelastic. Why?
Discuss if there are any externalities involved. If so, explain how the externalities can be fixed.
Discuss any roles that larger companies can play in promoting inclusion, equality and reducing poverty.
The Fundamentals of Microeconomics final paper
must be eight to ten double-spaced pages in length (not including title and references pages and formatted according to APA StyleLinks to an external site. as outlined in the Writing Center’s APA Formatting for MicrosoftLinks to an external site. Word resource.
must include a separate title page with the following in title case:
title of paper in bold font
Space should appear between the title and the rest of the information on the title page.
student’s name
name of institution (The University of Arizona Global Campus)
course name and number
instructor’s name
due date
must utilize academic voice. See the Academic VoiceLinks to an external site. resource for additional guidance.
must include an introduction and conclusion paragraph.
Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & ConclusionsLinks to an external site. and Writing a Thesis StatementLinks to an external site., refer to the Writing Center resources.
must use at least five credible sources in addition to the course text.
The Scholarly, Peer-Reviewed, and Other Credible SourcesLinks to an external site. table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source.
To assist you in completing the research required for this assignment, view Quick and Easy Library ResearchLinks to an external site. tutorial, which introduces the University of Arizona Global Campus Library and the research process, and provides some library search tips.
must document any information used from sources in APA Style as outlined in the Writing Center’s APA: Citing Within Your PaperLinks to an external site. guide.
must include a separate references page that is formatted according to APA Style as outlined in the Writing Center.
See the APA: Formatting Your References ListLinks to an external site. resource in the Writing Center for specifications.

1-Jonny is planning his schedule for the weekend. One of his friends has invited him to a two-day camping trip to Catalina. Another friend has offered an invitation to binge watch the Lord of the Rings movie trilogy (extended edition) on Saturday. His cousin has invited him to a weekend beer tasting festival. Lastly, his uncle has invited him to a weekend of Dungeons and Dragons. use watermelons
a. Describe how JonnyR might approach this scenario and his decision-making process. Is there an economic concept (or concepts) which best describes Jonny’s scenario?use watermelon
b. Why does JonnyR even have to make a decision? What economic principle is causing this scenario? provide an incorrect answer
2- For this question, please answer the following:
1. What is the economic definition of GDP? for france
2. Explain the difference between real GDP and nominal GDP. for france
3. Do we use nominal or real GDP when making comparisons across time? Why?
3-The planet of Tatooine is a dry desert. Times have been rough since the Rebellion began fighting against the Empire. The current planet demographics are as follows: 105,000 species are under the age of 16, 3,500,000 species are above the age of 16, there are currently 30,000 full-time students on the planet, and 75,000 incarcerated species. The galactic battles have ruined supply chains and resulted in many species losing their jobs. Currently 395,000 species are unemployed. Assume all of America’s definitions are used on Tatooine.
What is the full economic definition of unemployment? provide an incorrect answer
What is the size of Tatooine’s labor force? Show your reasoning (you may show your math or explain the process by which you determined the amount of the labor force. Answers which are just a number may not receive full credit. If you are unable to determine the amount of the labor force, please explain why). calc

Please respond to my classmates post the original assignment below:
Revenues
Gross Domestic Product and total spending both displayed upward trends until 2019, according to Fiscal Data. However, in 2020, GDP experienced its first decline since 2015, dropping from 25.42 trillion to 25.09 trillion. Despite this, total spending continued to rise, reaching a peak of 7.72 trillion in 2020, making this the largest year-over-year increase since 2015, approximately 2.4 trillion. Post-2020, GDP and total spending have diverged, with GDP increasing while total spending decreased. GDP rose from 20% to 23% between 2015 and 2023, peaking at 31% in 2020. (Fiscal Data Explains Federal Spending, n.d.)
Spending
The federal government’s spending is allocated to multiple categories according to the Fiscal Data website. Each category represents goods, services, and programs into which the government invests resources and funding. These categories include Health, Net Interest, National Defense, Medicare, Income Security, Veterans Benefits, Commerce, and Housing. Another grouping encompasses Education, Training, Employment, Social Services, and Transportation. Additionally, a miscellaneous category represents an assortment of less substantial expenditures. According to Government Spending Watch (Definitions and Sources, n.d.), each category is detailed below: 
Health- Covers marketplace health insurance subsidies, Medicaid, CHIP, and ACA costs, which benefit low-income individuals, including children, parents, older adults, and individuals with disabilities.
Net Interest- Funds interest payments on past deficits, supporting public services and international programs like humanitarian aid.
National Defense- Covers Defense Department costs, including operations, personnel, weapons procurement, and research.
Medicare- Offers health coverage to individuals 65 and older and those with disabilities.
Income Security- Provides aid, excluding health insurance or Social Security benefits, to those facing hardship, including tax credits, unemployment insurance, and COVID relief.
Veterans Benefits- Provides benefits to veterans, former federal employees, civilians, and the military.
Education, Training, Employment, and Social Services- Invests in education, infrastructure, natural resources, research, law enforcement, and other federal duties.
Transportation- Funds are used for building, maintaining, and repairing highways, bridges, and roads and for weather-related upkeep.
Commerce and Housing- Offers various forms of assistance for low-income individuals, including food aid, housing support, childcare, energy bill assistance, and programs aiding abused or neglected children.
Miscellaneous- Includes various expenditures.
Choices and Scarcity
If I were responsible for managing spending, my initial focus would be providing additional resources for healthcare and education. Emphasizing healthcare would promote a healthier society, well-being, and longevity. Investment in education can impact long-term economic growth by facilitating access to resources and quality educators. Enhanced knowledge and skills training could fuel innovation and creativity, benefiting collective well-being. 
Given the constraints of limited resources, reallocating funds would be necessary. As Shapiro et al. (2022) pointed out, a fundamental economic principle is that every choice carries an opportunity cost (p. 30). It is crucial to balance the redistribution of resources, especially considering the existing deficit. For instance, funds might need to be shifted from income security programs to increase teacher salaries, potentially affecting tax credits and unemployment benefits through reductions or eliminations.
Increasing Revenues
The U.S. government raises funds by issuing securities, or debt, to individuals, businesses, other government agencies, and foreign countries. These securities encompass Treasury bills, notes, bonds, Treasury inflation-protected securities (TIPS), and savings bonds (Borrowing and the Federal Debt, n.d.). In addition, taxes are applied to and, at times, raised on goods, services, property, and income to raise income. 
References
Borrowing and the Federal Debt. (n.d.). National Priorities Project. https://www.nationalpriorities.org/budget-basics/federal-budget-101/borrowing-and-federal-debt/
Definitions and Sources. (n.d.). Government Spending Watch. https://www.governmentspendingwatch.org/spending-data/8-govt-spending-site/7-definitions-and-sources
Shapiro, D., Greenlaw, S. A., & MacDonald, D. (2022). Principles of Economics 3e. OpenStax, Rice University. https://openstax.org/details/books/principles-economics-3e
U.S. Treasury Fiscal Data. https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/
Orginal assignment:
Fiscal Data is a one-stop shop for federal financial data. The Department of the Treasury and the Bureau of the Fiscal Service created Fiscal Data to consolidate federal financial data into one easy-to-use website. This website will provide you with an overview of US Government finances.  You’ll find information on revenue and spending, as well as the deficit and the debt.  This website provides an overview of the trillions of dollars collected and spent by the federal government each year.
The federal government operates much like your individual household.  They take in revenue (like your household income) and they spend that revenue on programs (your household expenses).  Just like your household operates, decisions are made about your income and expenditures, the Federal Government must also make those decisions.  
Conduct additional research. For guidance on finding, selecting, and evaluating scholarly, peer-reviewed resources, please refer to the NLU Library’s Research Process guide and/or make an appointment with a librarian! Respond to the following discussion prompts and in your answers, be sure to draw on all relevant readings and videos in this week’s materials.  Also, be sure to provide examples to support your answers.
Revenues.  When you explore this website, you’ll see that the main sources of revenue are taxes from individual taxpayers, small businesses, and corporations.  There are smaller sources of revenue through excise tax, estate tax and other taxes and fees.  When you look at these sources of revenue over time, what surprises you about the information?  Provide details to support your answer. 
Spending.  When you further explore this website, you’ll see that the main sources of expenditures are goods, programs, and services that support the economy and people of the United States.  The federal government also spends money on the interest it has incurred on outstanding federal debt (yes, the federal government, much like individual households, must borrow money to bridge the gap between revenue and expenditures). Identify each category of spending and provide a short definition of each category.
Choices and Scarcity.  As you can see from your research, there is only so much revenue and choices must be made about where to spend that money for goods and services.  If you were in charge, how would you change the spending of the revenues?  Why?  What would have to be given up in order to implement this new plan? 
Increasing Revenues.  If there are extra expenditures in your household, you can either take out a loan or increase your income.  How would the US Government go about taking out a loan?  How would the US Government go about increasing the Revenue?  Provide detail and examples to support your response.  
After completing your initial post, review and post critiques/insights/reactions of a minimum of 200 words each to at least two of your colleagues’ postings on different days. This is a minimum requirement.  Remember to respond to any questions or requests for additional information from you from your classmates and your instructor.

Write a 500 to 750-word report on the supply of or demand for a product or service produced at your workplace or a product/service you use. Products/services produced by private-sector, for-profits businesses are usually the best choices for this assignment. Still, some products/services produced by not-for-profit organizations, such as a college or university (educational services), also work well. Do not use products/services that are given away for free or are paid for by third-parties, such as health insurance providers. Also, avoid products/services provided by government agencies. The following bullets include some words that are in blue — use these words as first-level headings with appropriate capitalization. Your report should:
• Include a brief introduction and a conclusion. See the note, Introductions and Conclusions, for more information on introductions and conclusions. Your introduction should include a concise preview of your report’s topics as well as a short thesis statement.
• Briefly discuss the five variables that can cause a shift of the supply curve and the six variables that can cause a shift of the demand curve that are listed in Chapter 3 of the course textbook. • Include a determinants of supply or demand table. For more details and to download a copy of the tables, please click the Determinants of Supply or Demand Table for Week Two Report link that is posted in our online classroom.
• Include a graph showing either a shift in supply or a shift in demand. If you are very ambitious you could show shifts in both supply and demand, but that is not required. You can earn full-credit by simply showing a shift in either supply or demand. Explain your supply/demand graph using the terminology of economics.
• Evaluate the outlook for the supply of and demand for the product/service. Include this evaluation in your conclusion. Please note: Your conclusion should also review all the major elements of your report.

Watch the video: 

Then answer the following prompt:
Comment as to whether you agree or disagree with Dr. Shoup’s views. Do
his views have relevance to your community or experiences you have had
concerning parking?

Please download the assignment document. You will view your assignment on this document. Please type your responses in the blank spaces, and then upload your answer sheet to this space. All answers should be your own, in your own words. Assignment – Econ in Action: 2024_Principles of Microeconomics – Assignment PE Days.docx
Videos for Assignment: Link to videos (bottom of page)Links to an external site.
Assignment (optimized for use on iPad):
docx: 2024_Principles of Microeconomics – Assignment PE Days iPad version.docxActions
pdf: 2024_Principles of Microeconomics – Assignment PE Days iPad version.pdfActions
Please note: This assignment has a due date corresponding to the end of this module. However, there are no late submission penalties this semester. Therefore, you are able to access and submit this assignment past the “due date” with no penalty. Please use the “due date” as a guide to help you maintain steady progress through this course. (Links to an external site.) Please remember: Failure to submit an honest attempt at any assignment may result in a reduction of your overall course grade and may impact your ability to successfully pass this course

Can these questions be answered? i will provide a word document with the instructions and questions that need to be answered. There is an article in the document to help with the analysis. Also, our formatting and clarity will be considered in the grading. It doesn’t have to be paragraph format if you prefer bullet points, outline, etc. But make sure your answers are complete.
Please make sure answers are written in a student’s voice if possible, explanations should sound as if you’re talking to a friend who has never taken this course.

Instructions along with rubric and plagiarism rubric are attached below. Textbook will also be attached. 
REPORT DOES GENERATE THROUGH TURNITIN. NO PLAGIARISM!!!!

A tour operator is a business that typically combines and organizes accommodations, meals, sightseeing and transportation components, in order to create a package tour. They advertise and produce brochures to promote their products, holidays and itineraries.