Reference no: EM132280782

1. What might be some of the benefits and disadvantages of the two major types of state health agency organizational structures? A free-standing agency structure headed by an administrator who reports directly to the state’s governor and an organizational unit within a larger superagency structure that’s includes other functions such as medical care and social service programs (Johnson & Shi).

2. We all know that a dollar today is worth more than a dollar tomorrow. This is because in a situation of rising prices, the purchasing power of a dollar decreases as time passes. We need to know how much a dollar that we are going to receive in the future is actually worth today. This is known as present value of money. Let's start our discussion with the difference between present value and future value of money. Explain compounding and discounting of interest with suitable examples.