Economic Policy

post has two assignments

Parse, Erickson, Tomlin & Swain, and Pender theories

Case Study and questions

1. Case Study

The hospice nurse sat with Ann’s husband, Ben. Ann was resting quietly as the increased dosage of IV pain medication gradually reached its therapeutic level. Ben turned his head and slowly turned, looking out the room’s only window. As he glanced up, a small flicker of light caught his breath. It was a shooting star. A tear fell from the corner of his eye and he turned to Ann. The nurse sensed that something significant to Ann and Ben was unfolding. Shuffling to Ann’s bedside, he took her small fragile hand in his. These hands had rocked cradles, burped babies, and groomed the horses she loved to ride. Gently holding her hand, he turned to the nurse. “She would ride like the wind was chasing her.” Looking back to Ann his voice broke; choking back tears “Ann, Ann I saw Jessie…Jessie is calling.” Ben turned “Jessie was our daughter. She died having a baby that was too big. When she died it was a pitch-black night. Cold, so cold, the baby died too, a little boy, named him Abe, Jr. after Jessie’s husband. I took Ann outside so she could cry to God above and there in this dark sky we saw two falling stars…together…just falling. We knew it had to be Jessie and Abe…two angels to light up the night.” Ben turned back as a deep sigh escaped from Ann’s lips. A soft smile remained as she joined Jessie and Abe.
o Based on this case study how would the nurse actualize Parse’s theory of Human Becoming?
o How might Parse’s understanding of transcendence guide the nurse, as Ann’s death became a reality to Ben?
o What would be the focus of the nurse as Ann’s body was transitioned to the mortuary?
o From the nursing theories we have discussed, what theory would you apply to this case study? Develop a plan of care to include both nursing theories (be specific and provide reasons)
Second part:
2. Think about one of the theories we have studied. Select one theorist and describe her contribution to the advancement of knowledge in support of multidisciplinary science/ teams. Conduct a literature search and explain how the theory has been used to enhance multidisciplinary teams.
This paper should include 2 outside references and your textbook. This paper should be at least 4 pages.

2: Expansionary Economic Policy

Review the following chapters:

Chapter 7: Classical Macroeconomics and the Keynesian Challenge
Chapter 9: Taxes, Government Spending, and Fiscal Policy
Chapter 12: Banking and The Federal Reserve System
Chapter 14: Monetary Policy In Theory And Practice

Focus of the Final Paper

In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Respond to the following points in your paper on the actions the government would take to address expansionary fiscal and monetary policies:

Expansionary Fiscal Policy:

Explain the actions the federal government would take while engaging in expansionary fiscal policy in terms of the following:

The necessary change in taxes and government spending,
The effect on aggregate demand, GDP, and employment.

Expansionary Monetary Policy:

The three tools the Federal Reserve Bank (The Fed) uses when conducting monetary policy are the required reserve ratio, the discount rate, and open market operations.

Explain the actions of the Fed in regard to the three tools.

When the required reserve ratio is increased or decreased
When the discount rate is increased or decreased
Buying or selling government securities when conducting expansionary monetary policy

Explain how these actions would affect the money supply, interest rates, spending, aggregate demand, GDP, and employment.

Economic Policy