Please address each of the following issues in a separate paragraph or two, with each response identified by the corresponding number of the issue you are addressing. Your responses should reflect issues you have studied in the modules and must be your own work. If you do incorporate information from other sources, be sure to clearly identify them as such and provide a citation. Limit the use of exact quotes, absent specific instructions to the contrary… the assignment is not to copy and paste what others think.
Please DO NOT include the questions; just number your responses appropriately.
All submissions are expected to be college-level work, with appropriate spelling, grammar, formatting, etc., and must be submitted in .doc or .docx format. (No other format will be accepted/graded).
Assignment 1
Issue 1.
Module 1 discussed many aspects we could use to define the USA, including the concept of Quality of Life. (Note; this is not the same as standard of living, which is usually closely related to (if not identical) with specific economic measurements, like GDP per person.)
Use your favorite search engine to find rankings for Quality of Life 2023. Choose the site that most appeals to you and list:
The country rated as having the highest quality of life.
The rating the USA received.
One aspect of that went into the quality of life rankings that you feel is indeed very important and one that you don’t think is valid.
The address of the site you used. (When on the site, you can place your cursor over the url (web address), right-click, select “copy”, then paste the info in your assignment to create a link.
Remember, anytime you use a measure of a country, it is an approximation or average… the richest country in the world will have someone who is poor, and the happiest country will have someone who is miserable. Nevertheless, they can be illustrative and interesting.
Issue 2.
Use the information in this table to construct a supply/demand curve. (You may construct one on your computer and copy/paste or do it by hand and include a photo of your Word document.) Answer the following 2 questions:
At what price will there be equilibrium in the market?
What market condition would exist at a price of $1500?
Qty Supplied
Price
Qty. Demanded
450
1750
300
400
1500
325
350
1250
350
300
1000
375
250
750
400
200
500
425
Issue 3.
Issue 3.
Using a search engine, provide the following information about the court system of the State of Florida.
How many levels are there and what are their names?
How many of each level exist?
What state(FLORIDA)and county(ST LUCIE)do you live in and in what city is your local county court located?
What is the url of the site where you found this information?
Issue 4.
Module 4 looked at different forms of business ownership. If you were going to open and operate a business:
What type of business would interest you and why? (MASSAGE THERAPY)
What form of business ownership would you employ and why?LLC (LIMITED LIABILITY COMPANY)
Describe the major advantages and disadvantages of your choice of business ownership.
