1. International financial investors are moving funds from Talona to other countries. This depreciation is causing even more disenchantment with this Talona's currency. Describe the affects will this have on the supply and demand curves for this currency on the foreign exchange markets? 2. Using a supply and demand diagram, demonstrate how a negative externality leads to market inefficiency. How might the government help to eliminate this inefficiency? 3. Briefly discuss the shortcomings of environmental command-and-control regulations. 4. Some data that at first might seem puzzling: The share of GDP devoted to investment was similar for the United States and South Korea from 1960-1991. However, during these same years South Korea had a 6 percent growth rate of average annual income per person, while the United States had only a 2 percent growth rate. If the saving rates were the same, why were the growth rates so different? 5. “Block Imports—Save Jobs for Some Americans, Lose a Roughly Equal Number of Jobs for Other Americans, and Also Pay High Prices.” Discuss this statement within the context of protectionism. 6. Steve and Craig have been shipwrecked on a deserted island in the South Pacific. Their economic activity consists of either gathering pineapples or fishing. We know Steve can catch four fish in one hour or harvest two baskets of pineapples. In the same time Craig can reel in two fish or harvest two baskets of pineapples. Assume Craig and Steve both operate on straight-line production possibilities curves. What is Steve's opportunity cost of producing a basket of pineapples? Of a producing a fish? What is Craig's opportunity cost of producing a basket of pineapples? Of a producing a fish? 7. Provide examples of market-oriented environmental policies. Running head: SC PLAN 1 SC PLAN 4 SC PLAN Student’s Name Institution Affiliation SC PLAN 1. Describe the actions you will take to increase your net cash flows in the near future. The first step is to reduce living expenditures. It is critical to lessen the amount spent on living expenses and other variables and save for future use. I will have to prevent luxuries such as vacation costs or keep them in check to avoid spending a hefty amount on them. I should check the option to cook for myself and avoid buying food. Also, I will choose a destination I can drive myself to save on rental car expenditures and airfare. I will have a detailed budget indicating the amount required for savings, debt repayment, and investment that will assist only to spend the money on essential expenditures. Further, the savings can help to start a business and become self-employed in the distant future. I would have to look for a job that pays well or engage in a robust salary negotiation. The right time to negotiate for salary is during a performance review, compensation meeting, or job promotion (Bellon, Cookson, Gilje, & Heimer, 2020). I will ensure that I expand my education and technic ...

1. 1. International financial investors are moving funds from
Talona to other countries. This depreciation is causing even
more disenchantment with this Talona's currency. Describe the
affects will this have on the supply and demand curves for this
currency on the foreign exchange markets?
2. Using a supply and demand diagram, demonstrate how a
negative externality leads to market inefficiency. How might the
government help to eliminate this inefficiency?
3. Briefly discuss the shortcomings of environmental command-
and-control regulations.
4. Some data that at first might seem puzzling: The share of
GDP devoted to investment was similar for the United States
and South Korea from 1960-1991. However, during these same
years South Korea had a 6 percent growth rate of average
annual income per person, while the United States had only a 2
percent growth rate. If the saving rates were the same, why were
the growth rates so different?
5. “Block Imports—Save Jobs for Some Americans, Lose a
Roughly Equal Number of Jobs for Other Americans, and Also
Pay High Prices.” Discuss this statement within the context of
protectionism.
6. Steve and Craig have been shipwrecked on a deserted island
in the South Pacific. Their economic activity consists of either
gathering pineapples or fishing. We know Steve can catch four
fish in one hour or harvest two baskets of pineapples. In the
same time Craig can reel in two fish or harvest two baskets of
pineapples.
Assume Craig and Steve both operate on straight-line
production possibilities curves. What is Steve's opportunity cost
of producing a basket of pineapples? Of a producing a fish?
What is Craig's opportunity cost of producing a basket of
pineapples? Of a producing a fish?
7. Provide examples of market-oriented environmental policies.

2. Running head: SC PLAN 1
SC PLAN 4
SC PLAN
Student’s Name
Institution Affiliation
SC PLAN
1. Describe the actions you will take to increase your net cash
flows in the near future.
The first step is to reduce living expenditures. It is critical to
lessen the amount spent on living expenses and other variables
and save for future use. I will have to prevent luxuries such as
vacation costs or keep them in check to avoid spending a hefty
amount on them. I should check the option to cook for myself
and avoid buying food. Also, I will choose a destination I can
drive myself to save on rental car expenditures and airfare. I
will have a detailed budget indicating the amount required for
savings, debt repayment, and investment that will assist only to
spend the money on essential expenditures. Further, the savings
can help to start a business and become self-employed in the
distant future.
I would have to look for a job that pays well or engage in a

3. robust salary negotiation. The right time to negotiate for salary
is during a performance review, compensation meeting, or job
promotion (Bellon, Cookson, Gilje, & Heimer, 2020). I will
ensure that I expand my education and technical skills to attract
fair pay in the job market. Also, salary negotiation can result
from an increase in experience and enhancement in skills after
performing the job for a long time.
It is essential to understand debts and formulate a plan to
finance the expenditures. I will check on the debts with the
highest interest and start reducing them. The act of debt
reduction will help increase net cash flow to be successful in
my future goals. Also, I will reduce the amount of debt that I
give to family and friends that ends up as bad debts.
2. Detail your plans to increase your net cash flows in the
distant future.
In the distance future, I will start a side hustle or engage in
business and leave employment. I have a passion for
programming and website, development and it is an area I want
to venture into the future. I can start an Amazon Affiliate
website or a dropshipping company while still on my job and
resign when it stabilizes. Investment in business can have
handsome returns and help to attain successful life in the future.
It is essential to build rental income. The future ambition of
increasing the net cash flow is to have a unit to rent to other
people and get money monthly. Also, I will pursue different
ways of generating cash through renting houses such as Airbnb
and hiring fully furnished apartments to visitors. Further, I will
work towards homeownership to avoid spending most of my
disposable income on paying rent.
I will invest in financial assets such as mutual funds, bonds,
ETF’s, certificates of deposits, and stocks that can contribute
inflows by paying the holders of the financial assets interest and
dividends. Additionally, I will have a combination of assets for
additional income to support my future lifestyle. The advantage
of this technique includes receiving a passive income even at
old age or after retirement.

4. 3. Report on how much you must save per year and the return
you must earn to meet your goals.
Desired Investment Value in 10 Years
Cost per year
Years
$500,000
Personal Expenses (Annually)
10,000
10
100,000
Student Loan
75,000
10
750,000
Vacation
20,000
5
100,000
Desired investment + Other Expenses
1,450,000
Additional savings needed over the next ten years*
50,000
10
500,000
Earnings
145,000

5. 10
1,450,000
References
Bellon, A., Cookson, J. A., Gilje, E. P., & Heimer, R. Z.
(2020). Personal wealth and self-employment (No. w27452).
National Bureau of Economic Research.
Charron 2
PERSONAL FINANCE
Samantha Charron
Northern Vermont University
March 6, 2021

6. Steps to ensure my needs for health insurance are met
Purchasing early of the insurance policy. By doing these it will
help me in the future as age increases and there is a period, I
will be old it will help in catering for the diseases that may
invade in the old age. (Berchick, Hood & Barnett 2019) The
other step is choosing a comprehensive health plan. Having a
health insurance plan that is comprehensive will be beneficial to
me as I will get coverage for a number of medical needs. The
last step is to have super to up plans which will be specifically
designed for them to provide coverage that is extra.
I will choose to be offered preferred provider organisation type
of health insurance by my employer. The reason for picking this
is that I will have the choice of choosing what doctors should
treat me.
Being at the age of 21 I consider to have a long-term
insurance this is because I will have to paying small premiums
and when am old and the old disease invade me in any case I
will covered by the insurance without issues. (Nguyen, Nguyen,
Nguyen & Phan 2018) Other factors such as personal health
history and family history does not influence the choice.
I do not need a life insurance policy because am young at
the age of 21 and am single.
In the future I anticipate that my life insurance policy will
cover all the expenses of my end of life, it should take care of
my mortgage if there will be need, will handle the co-signed
debts, take care of the expenses of my children and dependents,
my medical expenses when am still living and lastly it should
leave legacy when I die.
References
Berchick, E. R., Hood, E., & Barnett, J. C. (2019). Health
insurance coverage in the United States: 2018 (p. 2).
Washington, DC: US Department of Commerce.
Nguyen, H. T., Nguyen, H., Nguyen, N. D., & Phan, A. C.
(2018). Determinants of customer satisfaction and loyalty in
Vietnamese life-insurance setting. Sustainability, 10(4), 1151.

7. Charron 2
PERSONAL FINANCE 2
PERSONAL FINANCE
Samantha Charron
Northern Vermont University
February 18, 2021
There are short term investments that will ensure that I have
enough to spend and also enough to save to ensure that the
future is secure. The first thing to do not only to reduce the
expenses but also to plan ahead before spending. Impulse
buying will be avoided at all cost. To avoid unforeseen
purchases in future, everything shall be planned in advance. For
instance, food will be bought in bulk so that it can last at least a
month. Cooking at home is a great idea since making food is
cheaper than readymade food in the hotels or restaurants.
In order to make the unanticipated expenses, there will be a
budget for miscellaneous. Additionally, emergency kit will be
also be set aside as well. Miscellaneous will ensure additional
cost incurred due to increases prices or inflation are avoided.

8. For instance, in every budget year, it is anticipated the cost of
living is likely to increase by a significant margin. The cost of
fuel usually increases and with the prices of almost every other
product. Emergency kit will cater for anything else that was not
budgeted but can hardly be done away with.
Stock exchange is a good many markets to ensure the short-term
goals are reached. In the stock exchange, there are companies
one can buy shares and other assets such petroleum, gold and
other items to trade in the near future when the prices are
better. This will certainly ensure constant stream of income.
Additionally, a better bank that offers high interest rates for
either current, saving or fixed account could be handy as well.
References
References
Bellon, A., Cookson, J. A., Gilje, E. P., & Heimer, R. Z.
(2020). Personal wealth and self-employment (No. w27452).
National Bureau of Economic Research.
Madura, J. (2017). Personal finance (6th ed.). Boston: Pearson.
Charron 1
Charron 2
Samantha Charron
February 12, 2021
1. Describe the actions you will take to increase your net cash
flows in the near future.
The first step is to reduce living expenditures. It is critical to
lessen the amount spent on living expenses and other variables
and save for future use. I will have to prevent luxuries such as
vacation costs or keep them in check to avoid spending a hefty

9. amount on them. I should check the option to cook for myself
and avoid buying food. Also, I will choose a destination I can
drive myself to save on rental car expenditures and airfare. I
will have a detailed budget indicating the amount required for
savings, debt repayment, and investment that will assist only to
spend the money on essential expenditures. Further, the savings
can help to start a business and become self-employed in the
distant future.
I would have to look for a job that pays well or engage in a
robust salary negotiation. The right time to negotiate for salary
is during a performance review, compensation meeting, or job
promotion (Bellon, Cookson, Gilje, & Heimer, 2020). I will
ensure that I expand my education and technical skills to attract
fair pay in the job market. Also, salary negotiation can result
from an increase in experience and enhancement in skills after
performing the job for a long time.
It is essential to understand debts and formulate a plan to
finance the expenditures. I will check on the debts with the
highest interest and start reducing them. The act of debt
reduction will help increase net cash flow to be successful in
my future goals. Also, I will reduce the amount of debt that I
give to family and friends that ends up as bad debts.
2. Detail your plans to increase your net cash flows in the
distant future.
It is essential to build rental income. My future ambition of
increasing the net cash flow is to have a unit to rent to other
people and get money monthly. Also, I will pursue different
ways of generating cash through renting houses such as Airbnb
and hiring fully furnished apartments to visitors. Further, I will
work towards homeownership to avoid spending most of my
disposable income on paying rent.
I will invest in financial assets such as mutual funds, bonds,
ETF’s, certificates of deposits, and stocks that can contribute
inflows by paying the holders of the financial assets interest and
dividends. Additionally, I will have a combination of assets for
additional income to support my future lifestyle. The advantage

10. of this technique includes receiving a passive income even at
old age or after retirement.
3. Report on how much you must save per year and the return
you must earn to meet your goals.
Desired Investment Value in 10 Years
Cost per year
Years
$500,000
Personal Expenses (Annually)
10,000
10
100,000
Student Loan
75,000
10
750,000
Vacation
20,000
5
100,000
Desired investment + Other Expenses
1,450,000
Additional savings needed over the next ten years*
50,000
10
500,000

11. Earnings
145,000
10
1,450,000
References
Bellon, A., Cookson, J. A., Gilje, E. P., & Heimer, R. Z.
(2020). Personal wealth and self-employment (No. w27452).
National Bureau of Economic Research.