1) Why is it possible to change real economic factors in the short run simply by printing and distributing more money?
2) Explain why a stable 5% inflation rate can be preferable to one that averages 4% but varies between 1–7% regularly.
3) Explain the difference between active and passive monetary policy.
4) Suppose the economy is in long-run equilibrium, with real GDP at $16 trillion and the unemployment rate at 5%. Now assume that the central bank unexpectedly decreases the money supply by 6%.
a. Illustrate the short run effects on the macro-economy by using the aggregate supply-aggregate demand model. Be sure to indicate the direction of change in Real GDP, the Price Level and the Unemployment Rate. Label all curves and axis for full credit.
5) Suppose the economy is in long-run equilibrium, with real GDP at $16 trillion and the unemployment rate at 5%. Now assume that the central bank increases the money supply by 6%.
a. Illustrate the short-run effects on the macro-economy by using the aggregate supply-aggregate demand model. Be sure to indicate the direction of change in Real GDP, the Price Level, and the Unemployment Rate. Label all curves and axis for full credit
Medicaid Funding Relationship with Nonprofit Organizations Distributed: 28th July, 2017 Last Edited: seventh September, 2017 Disclaimer: This paper has been put together by an understudy. This isn't a case of the work composed by our expert article essayists. You can see tests of our expert work here. Any sentiments, discoveries, conclusions or suggestions communicated in this material are those of the writers and don't really mirror the perspectives of UK Essays. Presentation/Background Allard and Smith (2014) characterize legitimately fused, assess excluded substances that give particular administrations to be charitable social administration associations. They can help low-pay families that won't not meet all requirements for government help. Not-for-profit associations (NPOs) can run endlessly in their size, degree, and frame, yet they are generally dependent on gifts and open assets to help their tasks. This open financing is upheld by gifts, contracts, and assessment credits (Smith et al. 2012). The manner by which Medicaid works can be to some degree complex. From the office point of view, Medicaid has set qualities for administrations its customers may utilize. Documentation of the genuine cost of an administration gave isn't required, as customers require just to demonstrate the administration was given. Once there is verification of the administration being given, Medicaid pays out a particular dollar sum for each administration. This seller rate, in some cases alluded to as the expense for-benefit show, requires the offices to reliably serve enough Medicaid-qualified customers to earn back the original investment among their incomes. "The state will just offer a specific rate for outpatient emotional wellness directing administrations, for instance, paying little mind to an individual office's own particular inside cost structure" (Smith et al. 2012). The Affordable Care Act (ACA), go in 2010, has definitely expanded the quantity of protected Americans. The ACA, which is as often as possible nicknamed Obamacare, disallowed insurance agencies from denying scope in light of prior wellbeing and unfathomably extended the quantity of low-pay families qualified for Medicaid. It additionally set a standard prerequisite for every single United State natives to have the base basic scope of human services (MEC). Medicaid Funding for Nonprofits The act of utilizing Medicaid to supplement philanthropic associations' assets started in the 1980s. The social development to give administrations to the elderly and crippled prompted expanded government bolster for social administrations (US General Accounting Office, 1984). This has extended extraordinarily from that point forward, with the primary wellspring of care having a place with substance manhandle and psychological wellness administrations. One glaring advantage Medicaid subsidizing can have for not-for-profits is its fast turnaround. Despite the fact that its administrations are pointed principally at high-chance gatherings, Medicaid subsidizing repaid at a substantially higher rate than other protection alternatives for such populace groupings when thought about in 2006. Medicaid has blasted in the previous quite a while, having extended its pool of customers to cover an ever increasing number of individuals. Repayment rates enable not-for-profit social administration associations to cross-sponsor their assets to different exercises that may not generally get adequate financing (Smith, 2007). Unanticipated Consequences: Effects of Medicaid on NPO Funding Philanthropies exist as an "elected security net" to supplement lacking government and network administrations. Two principle issues that emerge when profound reliance is put on openly supported philanthropic social administrations. State governments have been as of late constrained to lessen spending on projects to make more space in the financial plan. Furthermore, philanthropies must adapt to the weights related with being the "second request" social welfare program of the legislature. Since all government and state dollars are allotted at a neighborhood level for social administration programs, the movement mirrors the inclinations and ability of the network (Allard and Smith, 2014). Medicaid apportions subsidizing to a critical bit of social administration associations in the not-for-profit segment, despite the fact that such associations may not principally be medicinal services suppliers. More than half of the philanthropies concentrated on psychological wellness and substance mishandle detailed Medicaid financing in their studies. Medicaid incomes were additionally given to more than 40% of those suppliers of psychological wellness or substance mishandle administrations who likewise occupied with aids running from work administrations to crisis reaction. It is essential to note, in any case, that lone 3.2% of these associations giving business or crisis administrations did not give the extra substance manhandle or psychological wellness administrations (Allard and Smith, 2014). This information demonstrates that while Medicaid gives subsidizing to an extensive variety of not-for-profits, it places a huge accentuation on those managing wellbeing administrations in its different range. An Assessment of the Arguments As examined before, not-for-profits get subsidizing from Medicaid in view of the administrations gave. To get subsidizing, an association must show verification of an administration gave to a person. Along these lines, the financing depends on singular customers looking for administrations from philanthropic associations. The mission of the association, in this manner, impacts how much financing it will at last get from Medicaid. Along these lines, Medicaid financing is said to "take after customers" as opposed to being given to a particular not-for-profit association. Charities must factor in this plan while making their statement of purpose. They would more be able to successfully anchor their subsidizing by having an administration mission focused towards populaces that get Medicaid scope. Furthermore, bigger associations will probably get Medicaid financing since they have more assets and staff to give these administrations. Then again, littler associations regularly get themselves more averse to get Medicaid subsidizing paying little respect to their statement of purpose in the event that they don't have the scale to give the same number of administrations as their bigger partners (Allard and Smith, 2014). Conclusion Philanthropies to a great extent dependent on Medicaid for their subsidizing may frequently wind up helpless before components out of their hand. They rely upon the stream of Medicaid-qualified customers utilizing their administrations and assets. Accordingly, not-for-profits are subject to the qualification of the customers they serve. State arrangements manage Medicaid qualification, so charities are powerless against changes in state financial matters and enactment. "Since it is a humble wellspring of income for some philanthropies, more noteworthy unsteadiness and unusualness may make Medicaid a less alluring wellspring of income (Allard and Smith, 2014). While Medicaid won't not have the capacity to be solidly anticipated, it is still superior to not having the capacity to acknowledge Medicaid by any stretch of the imagination. While it might appear to be problematic, associations must adjust to changing wellsprings of income paying little mind to in the event that it is government-financed or not.>GET ANSWER