Unit 6 Scenario B-2 Essay Example | Topics and Well Written Essays - 500 words

Unit 6 Scenario B-2 - Essay Example This memo will also highlight the differences between monetary and fiscal policies, what are the pros and cons associated with each type of policy? Is either policy more effective in increasing output growth or stabilizing inflation and unemployment? With reference to the tax changes, a decrease in the tax rates would help achieve the desired increase in output.i.e lower the tax rates more people will buy meaning the demand will be high and so the output would be high .this decrease in tax rates would further imply an increase in the equilibrium price, the output and the unemployment rate. Furthermore if we analyze, we can foresee the following Pro’s and Con’s of the situation discussed above; pro’s being the fact that the unemployment rates will decrease the Marginal Propensity to consume (MPC) and the Gross Domestic Product (GDP) will Increase subsequently. One very serious aspect which is a definite Con; the governments Tax Revenue will decrease. The changes in open Market operations to achieve the desired increase in output would imply the following: the central bank will increase their government securities, people will spend more and thus the output will rise. This flux will then imply the following trend; an increase in the equilibrium price, an increase in the output and a subsequent decrease in the unemployment rate. Elaborating on the relationship between the deficits and national debt, we would like to mention the fact s that need to be considered here .In order to understand how both national debt and deficits go hand in hand; A budget deficit will imply an increase in the size of the national debt, only by the amount of the deficit .Conversely, if there is a budget surplus it will allow the government to pay off the bond holders thus reducing the size of the national debt. The difference between the monetary and fiscal policy is obvious as by monetary policy is meant all actions that a government takes to control the

Planning in the Health-Care Setting Case Study Example | Topics and Well Written Essays - 500 words

Planning in the Health-Care Setting - Case Study Example Health Information Management was formed by Jackie and Sandra as a partnership firm and consists of 6 other specialists (Elements of a Business Plan). As this market niche has not been identified so there are no competitors at all as yet. Therefore, considerable profits can be reaped but competitors will penetrate in future so the firm should provide cost-effective and premium quality services to retain its market share even in future. Presently, there exists an untapped market niche for home health care personnel and resources. Hence, the firm has an excellent opportunity to cater to the entire industry and establish its monopoly before competitors enter the market .Customers’ expectations and industry standards are based around providing prompt and quality home health care benefits. Market trend seems to suggest growth in future years. Prompt and premium home health care services shall be provided. Price skimming shall be used to reap the maximum profits, as demand for these services is unfulfilled so customers will pay the high prices. The services should be promoted through hospitals and clinics and shall be provided at homes of patients (Crow & Goldstein, 2003). In addition to Jackie and Sandra, the management team is composed of 2 RRAs and 4 ARTs. The principal partners as well as the specialist staff are highly motivated and committed to business growth and betterment. Bryan and others have willingly taken the challenge of providing home health care