Description:

In the textbook, there are two circular flow diagrams: One that represents the flows in the macro-economy as a closed system and one that represents the flows as an open system. Review the diagrams and write a three to five page length paper that:

• Defines and explains a closed system and provides an example.
• Defines and explains an open system and provides an example.
• Explains the inner and outer flows of a closed system.
• Explains the inner and outer flows of an open system.
• Defines and explains leakages in an open system.
• Defines and explains injections in an open system.
• Provides a personal example of a leakage, describes it and explains it.
• Provides a personal example of an injection, describes it and explains it.

how did the till impact race relations in money , mississppi?

Nike Company wants to develop a cost formula for its maintenance costs to estimate such costs for the coming year. The following data are available: Month Direct Labor Hours Maintenance Costs Incurred January 4,000 $ 900 February 6,500 1,325 March 7,000 1,500 April 5,500 1,150 Using the high-low method, what is the cost formula for maintenance costs? a. $500 + $1.00 per direct labor hour b. $300 + $1.50 per direct labor hour c. $100 + $0.20 per direct labor hour d. $200 + $0.10 per direct labor hour 3. If sales are $80,000, variable costs are $50,000, and fixed costs are $20,000, the contribution margin ratio is a. 37.5% b. 12.5% c. 62.5% d. 25.0% 4. At the breakeven point a. Sales will be equal to variable costs plus target profit b. Sales will be equal to variable costs plus fixed costs c. Sales will be equal to fixed costs plus target profit d. Fixed costs will be equal to variable costs 5. An increase in the breakeven point can be caused by: a. an increase in desired profit. b. an increase in selling price per unit. c. an increase in variable cost per unit. d. a decrease in total fixed cost. EXTRA CREDIT (Worth 2 points) 4. Acme, Inc. manufactures pencils which sell for $7.50 each. Acme expects to sell 82,000 pencils next quarter. At this level of sales, variable expenses will total $184,500 and fixed expenses will total $242,130. How many pencils will Acme have to sell next quarter to breakeven? Hint: First determine the VC per unit. a. 32,284 pencils. b. 46,120 pencils. c. 56,884 pencils. d. 345,900 pencils.

 

In this course, you have learned that social policies are formulated to solve social problems considered important by a mass of voters, media, and political actors. Social policy is but one solution to the problem—not necessarily the most rational, effective, or socially just. Social policies are human creations and, as such, can be changed. In this paper you will analyze a social policy as a tool for social justice.

Research one social welfare policy using your textbook, the Argosy University online library resources, and the Internet.

Analyze the policy and address the following:

The social problem addressed by the policy

1. What is/are the problem/s to be solved in the most fundamental terms?
2. What is the history of the problem/s in the United States?
3. What are the various theories about the causes of the problem/s? Based on this, what do you think is/are the most important causes/s of the problem/s?

The policy objectives, value premises, expectation, and target populations

1. Policy objectives—overt and covert objectives: What are the stated objectives of the policy? In your judgment, what are the covert objectives of the policy?
2. What are the values underlying the policy objectives? What values are revealed by the overt and covert objectives?
3. What did the policymakers expect would be the result of the policy?
4. Target segments of the population at whom policy is aimed: Discuss the direct target of the policy in terms of size and other demographic characteristics. Who are the indirect targets of the policy?

Effects of the policy

1. Intended effects: What effects did the lawmakers intend?
2. Unintended effects: What effects did the lawmakers not foresee?
3. Distinguish between short-range (less than five years) and long-range (over five years) effects of the policy.

Implications of the Policy

1. Changes in the distribution of material resources: Are there any changes to the distribution of material resources, including income and other tangible benefits, as a result of the policy for direct or indirect target groups?
2. Changes in distribution of services, rights, and statuses: Are there any changes in services, rights, or statuses as a result of the policy?

Alternative Policies

1. What alternative policy/policies would more effectively address the social problem discussed in the policy analysis while advancing social justice?

Write a 4–6-page paper in Word format. Apply APA standards to citation of sources. Make sure to include research in addition to the textbook from credible, scholarly sources. Use the following file naming convention: LastnameFirstInitial_M5_A1.doc